Exchange Rate in Bahrain
Bahrain - Exchange RateThe economy likely softened in Q4 2018 as ebbing crude oil prices dragged on the oil sector. Moreover, declining prices for aluminum, the country’s second-top export, could also have hit economic growth in the period. In more positive news, total non-oil exports accelerated notably in 2018, reflective of diversification efforts, while FDI climbed to an all-time high in the year. Moving to Q1, a gradual recovery in oil prices will likely support economic growth and replenish the government’s battered coffers. Meanwhile, on 25 February, Bahrain’s cabinet approved a draft state budget that seeks to considerably reduce the fiscal deficit over the coming years. This should support business sentiment going forward.
Bahrain - Exchange Rate Data
|Exchange Rate (vs USD)||0.38||0.38||0.38||0.38||0.38|
5 years of economic forecasts for more than 30 economic indicators.
Bahrain Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||0.38||0.03 %||Mar 11|
|Stock Market||1,406||0.04 %||Mar 11|
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