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Kuwait central bank governor content with interest rates

Kuwait's central bank governor has said current interest rates are at a suitable level and the pegging of the dinar to a basket of currencies is helping to curb inflation mostly driven by rising import costs, Arabic Al-Rai has reported. "Continuing with the current local interest rates, which are at historic lows, falls within the framework of the financial policies Kuwait's Central Bank is pursuing ... to encourage growth in national economic sectors," Sheikh Salem Abdul-Aziz al-Sabah said.