Kuwait to study rate changes after moves abroad

Kuwait's central bank, under pressure to cut the discount rate to help the economy and a sagging stock market, said on Tuesday it would decide on changes after studying the impact of expected interest rate cuts abroad.

"We are prepared to act at all times," central bank governor Sheikh Salem Abdel-Aziz al-Sabah said when asked by reporters if a cut was planned in Kuwait following comments last week by US Fed Chairman Alan Greenspan.

The Kuwaiti governor said the central bank will first study th