Central Bank Of Bahrain Committed to Keeping Dinar Pegged to US DollarSource: www.export-egypt.com 6/26/2018, Location: Middle East |
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The Central Bank of Bahrain (CBB) is committed to keeping its currency pegged to the US dollar set at 0.37608 and has no plans to alter the Bahraini Dinar's value.
The CBB confirmed in a statement that it is maintaining the existing monetary policy, centred on a peg to the US dollar. The peg remains an important policy and provides an anchor for monetary policy which contributes to the stability of financial transactions and a positive impact on the overall economic and investment activities, the statement said. |
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