Bahrain central bank says remains committed to dollar peg

2016-01-26 - 8:29 م
Bahrain Mirror (Reuters): Bahrain is committed to keeping its dinar currency's peg to the U.S. dollar, a senior official at the kingdom's central bank said on Monday.
"The peg will remain," Ebtisam al-Arrayed, head of regulatory policy at the central bank, told Reuters on the sidelines of a conference.
The dinar, pegged at 0.376 to the dollar, has come under pressure in the foreign exchange forwards market as low oil prices damage Bahraini state finances.
One-year dollar/dinar forwards hit a high of 600 points on Monday, their highest level since at least the year 2000, according to Thomson Reuters data.
اقرأ أيضا
- 2024-07-10Bahraini Authorities Summon Head of Sanabis Ma'tam, Threaten "Actions" Due to Mourners' Chants Against Israeli Occupation
- 2024-07-10Political Prisoner Mohammad Al-Raml's Family Say He's Vomiting Blood Due to Poor Conditions, Fear for His Life
- 2024-07-09Ali Al-Majed Arrested After His Return to Bahrain
- 2024-07-08Yusuf Al-Muhafdha: Convicted Returnees to Bahrain Have the Right to a Lawyer, Retrial, and Legal Guarantees
- 2024-07-08Reciter Mahdi Sahwan: Head of Manama Police Informed Me of Ban on Reciters Traveling to Commemorate Ashura
التعليقات
التعليقات المنشورة لا تعبر بالضرورة عن رأي الموقع
التعليقات المنشورة لا تعبر بالضرورة عن رأي الموقع