Kuwait's Central Bank cut the discount rate by 25 basis points to 3.75 per cent, effective Thursday, in response to global economic conditions and domestic indicators. According to the bank's statement, the move follows easing inflation, which slowed to 2.39 per cent in July 2025 from 3.00 per cent a year earlier, alongside stable exchange rates and 4.2 per cent annual growth in resident deposits. Private sector deposits in Kuwaiti dinar made up 94.3 per cent of total private sector deposits by the end of July. The bank reaffirmed its commitment to monetary and financial stability, stressing it would continue to monitor domestic and global developments and act with the necessary tools to sustain confidence in the dinar and support economic growth. Attribution: Amwal Al Ghad English Subediting: Y.Yasser
