Home » Monetary Policy » Exchange Rate Policy
Announcements
- 19 Jun 2013
CBB Sukuk Al-Ijara over subscribed
..................................................................... - 18 Jun 2013
CBB Sukuk Al-Ijara over subscribed
..................................................................... - 17 Jun 2013
CBB Treasury Bills Oversubscribed
..................................................................... - 13 Jun 2013
Basel 3 Implementation Plan
..................................................................... - 10 Jun 2013
CBB Treasury Bills Oversubscribed
..................................................................... - 05 Jun 2013
CBB's Monthly Issue of Treasury Bills Oversubscribed
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Exchange Rate Policy
Bahrain maintains an exchange rate peg at 0.376 Bahraini dinars to the US dollar. The exchange rate peg provides an anchor for monetary policy, which contributes to controlling inflation and protecting the external value of the currency.
The CBB offers a foreign exchange facility, implying that it stands ready to buy and sell US dollars, at rates very close to the official exchange rate. The CBB provides this facility to commercial banks located in the Kingdom of Bahrain.
