Kuwait city: The Central Bank of Kuwait (CBK) announced a decision to lower its discount rate by 25 basis points, bringing it down to 3.5 percent, effective Thursday, December 11.
According to Kuwait News Agency, the CBK stated in a press release that this move is part of its continuous monitoring of key global economic and monetary indicators and their potential effects on the local economy. The bank emphasized the necessity for policies to be specifically designed to address the unique requirements and circumstances of each economy.
Furthermore, the CBK highlighted that this decision is aimed at adapting to developments within the local economy, stimulating economic activity across various sectors, and ensuring the financial stability of banking and financial institutions. The bank noted that as of the end of October 2025, there was sustained relative stability of the Kuwaiti Dinar (KWD) against major currencies, underscoring its appeal as a reliable store of domestic savings.
The CBK concluded by affirming its commitment to continuous, vigilant monitoring of both global and domestic economic and monetary developments. This approach ensures the adoption of necessary measures through available monetary policy and macro-prudential tools, following a gradual and balanced strategy to bolster monetary and financial stability in Kuwait.