Central Bank Maintains 3.5% Rate
The Central Bank of Kuwait announced that the country's monetary and financial stability conditions are secure and solid. It decided to keep the interest rate unchanged at 3.5%. The bank explained that economic data indicates a 1.9% increase in broad money supply (M2) in July 2026, a approximately 9.8% rise in resident deposits, and a 4.8% growth in credit facilities to residents compared to the same month of the previous year. The bank reaffirmed its commitment to monitoring global and local economic developments and utilizing monetary policy tools to promote financial stability.
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