Kuwait, Bahrain central banks raise key rates by 0.25 percentage point

CAIRO, March 16 (Reuters) – Kuwait’s and Bahrain’s central banks mentioned on Wednesday that they had determined to boost their key rates of interest by 25 foundation factors.

Earlier, the U.S. Federal Reserve elevated charges by 25 foundation factors.

(Reporting by Yasmin Hussein and Enas Alashray and Alaa Swilam Writing by Ahmad Elhamy Enhancing by Chris Reese)

((ahmad.elhamy@thomsonreuters.com; +201023399104; Reuters Messaging: ahmad.elhamy.thomsonreuters.com@reuters.internet))

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