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The Central Financial institution of Kuwait
The Central Financial institution of Kuwait held its coverage charge at 3% on November 2, breaking its sample of mountain climbing in lockstep with the Federal Reserve. The Kuwaiti authorities had raised charges by 25 foundation factors after every of the final six Federal Open Market Committee conferences.
5 central banks within the Arabian Peninsula raised their coverage charges by 75bp according to the Federal Reserve on November 2. Saudi Arabia, Bahrain, Oman and Qatar now have coverage charges at 4.5%, whereas that of the United Arab Emirates
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