Money and business

The Banks of Bahrain and Qatar reduce interest rates by 25 basis points


The Central Banks of Bahrain and Qatar announced a reduction in increased by 25 basis points, this evening, Wednesday.

It was reduced interest rates by 25 basis points to 3.75%, reaching the lowest level since October 2022, in a decision expected by financial markets.

The US Federal Reserve’s decision came at the end of its meeting on Wednesday. This comes with The third in a row during the year, amid clear divisions within the Monetary Policy Committee regarding the pace of easing in the next stage.

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