March 21, 2018 / 6:15 PM / a month ago

Kuwait central bank raises discount rate 25 bops

DUBAI, March 21 (Reuters) - Kuwait’s central bank said on Wednesday it was raising its discount rate by 25 basis points to 3 percent.

Its move followed the U.S. Federal Reserve’s decision to hike rates by 25 bps. (Reporting by Andrew Torchia Editing by Mark Heinrich)

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