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Bahrain's central bank foreign currency assets rose by almost $800 million in June from May, recovering further from pandemic lows but still modest for an oil-led economy with a currency pegged to the ...
Standard & Poor's assigned its single-'A'-minus long-term foreign currency and single-'A' long-term local currency sovereign credit ratings to the Kingdom of Bahrain. At the same time, Standard & Poor ...
DUBAI, June 26 (Reuters) - Bahrain is committed to keeping its currency pegged to the dollar, its central bank said on Tuesday, after the dinar fell in the spot market to a 17-year low because of ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
Bahrain’s central bank foreign currency assets rose by almost $800 million in June from May, recovering further from pandemic lows, Reuters has reported quoting HSBC. “However, the rise means that ...
Bahrain will need to attract additional capital this year, including through borrowing to sustain its currency peg, after a huge drop in foreign reserves due to low oil prices, ratings agency Moody's ...
The Central Bank of Bahrain expects that its digital currency collaboration with JPMorgan and Bank ABC could extend to a CBDC. The government of Bahrain, the third-richest Arab country, is working ...
The Central Bank of Bahrain is collaborating with JPMorgan Chase and Bahrain-based Bank ABC to test the use of digital currency to speed up cross-border payments. In the first phase of the pilot, ...
DUBAI (Reuters) – Bahrain may need to raise its market interest rates to protect its currency and must refrain from having its central bank lend money to cover the government’s budget deficit, the ...
DUBAI, Aug 17 (Reuters) - Bahrain's central bank foreign currency assets rose by almost $800 million in June from May, recovering further from pandemic lows but still modest for an oil-led economy ...