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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    After the US Federal Reserve, Gulf banks take a new decision

    Rocky
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    • Post n°1

    After the US Federal Reserve, Gulf banks take a new decision Empty After the US Federal Reserve, Gulf banks take a new decision

    Post by Rocky Thu 16 Jun 2022, 4:51 am

    [size=35][size=35]After the US Federal Reserve, Gulf banks take a new decision[/size]

    [/size]

    internationals

    [size][size]
    [/size]
    2022-06-15 | 15:39
    After the US Federal Reserve, Gulf banks take a new decision Doc-P-423638-637909187484993638


    [/size]

    Source:
    Russia Today

    5,015 views


    The central banks of Qatar, Bahrain and Kuwait decided today, Wednesday, to raise interest rates after the Federal Reserve raised interest rates by 0.75% to combat inflation.


    The Central Bank of Kuwait decided to raise the discount rate by a quarter of a percentage point to 2.25%.

    The Governor of the Central Bank of Kuwait, Basil Ahmed Al-Haroun, said in a statement, that it was also decided to make an adjustment in varying rates in the monetary market intervention rates that are currently applied to all periods of the interest rate structure, including repurchases (repo), bonds and securitization of the Central Bank of Kuwait. The system for accepting time deposits, direct intervention tools, in addition to public debt instruments.






    The [url=https://www.alsumaria.tv/Entity/588270526/%D9%85%D8%B5%D8%B1%D9%81 %D8%A7%D9%84%D8%A8%D8%AD%D8%B1%D9%8A%D9%86 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A/ar/]Central Bank of Bahrain[/url] also announced that “the interest rate on overnight deposits has been raised from 1.50% to 2.25%, and the interest rate on deposits for a period of four weeks has been raised from 2.50% to 3.25%. This is in addition to raising the interest rate imposed by the Central Bank on banking sector banks.” Retail against lending facilities from 3.00% to 3.75%.

    The [url=https://www.alsumaria.tv/Entity/588270526/%D9%85%D8%B5%D8%B1%D9%81 %D8%A7%D9%84%D8%A8%D8%AD%D8%B1%D9%8A%D9%86 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A/ar/]Central Bank of Bahrain[/url] stated that it is following developments in the international and local market, in order to take any necessary additional measures in order to maintain monetary and financial stability in the Kingdom.
    [rtl]Related Articles[/rtl]

    Qatar Central Bank approved raising the bank’s deposit rate (QCBDR) by 75 basis points to 2.25%, while raising the bank’s lending rate (QCBLR) by 50 basis points to 3.25%.
    https://www.alsumaria.tv/news/%D8%AF%D9%88%D9%84%D9%8A%D8%A7%D8%AA/423638/%D8%A8%D8%B9%D8%AF-%D8%A7%D9%84%D9%81%D9%8A%D8%AF%D8%B1%D8%A7%D9%84%D9%8A-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%AE%D9%84%D9%8A%D8%AC%D9%8A%D8%A9-%D8%AA%D8%AA%D8%AE%D8%B0-%D9%82%D8%B1%D8%A7%D8%B1%D8%A7%D9%8B-%D8%AC%D8%AF
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    Rocky
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    • Post n°2

    After the US Federal Reserve, Gulf banks take a new decision Empty After the US Federal Reserve's decision, Gulf banks decide to raise interest rates

    Post by Rocky Thu 16 Jun 2022, 5:06 am

    [size=36]After the US Federal Reserve's decision, Gulf banks decide to raise interest rates[/size]

    Economie| 10:33 - 06/15/2022

    After the US Federal Reserve, Gulf banks take a new decision 191562022_62aa2ca34236045171421bd4




    Follow - Mawazine News
    The central banks of Qatar, Bahrain and Kuwait decided today, Wednesday, to raise interest rates after the Federal Reserve raised interest rates by 0.75% to combat inflation.
    The Central Bank of Kuwait decided to raise the discount rate by a quarter of a percentage point to 2.25%.
    The Governor of the Central Bank of Kuwait, Basil Ahmed Al-Haroun, said in a statement, that it was also decided to make an adjustment in varying rates in the monetary market intervention rates that are currently applied to all periods of the interest rate structure, including repurchases (repo), bonds and securitization of the Central Bank of Kuwait. The system for accepting time deposits, direct intervention tools, in addition to public debt instruments.
    The Central Bank of Bahrain also announced that “the interest rate on overnight deposits has been raised from 1.50% to 2.25%, and the interest rate on deposits for a period of four weeks has been raised from 2.50% to 3.25%. This is in addition to raising the interest rate imposed by the Central Bank on banking sector banks.” Retail against lending facilities from 3.00% to 3.75%.
    The Central Bank of Bahrain stated that it is following developments in the international and local market, in order to take any necessary additional measures in order to maintain monetary and financial stability in the Kingdom.

    Qatar Central Bank approved raising the bank’s deposit rate (QCBDR) by 75 basis points to 2.25%, while raising the lending interest rate from the bank (QCBLR) by 50 basis points to 3.25%. Ended 29 / p. 87
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