Kuwait raises policy rate 25bp

Central Bank of Kuwait
Central Bank of Kuwait
Francisco Anzola

The Central Bank of Kuwait raised its policy rate 25 basis points to 2.75%, on August 10, its fifth rate increase this year.

Like other central banks on the Arabian peninsula, the Kuwaiti central bank usually sets interest rates immediately after the US Federal Reserve does. Kuwait pegs its currency to an undisclosed basket of currencies, while its neighbours link their currencies to the US dollar.

The other Gulf states usually adopt rate changes equal to those made by the Federal Open Market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.