International Reserves in Bahrain
Bahrain - International ReservesAnnual economic growth likely remained muted in Q3 amid ongoing fiscal consolidation efforts by the government, in line with the GCC-backed financial support package, while continued compliance with OPEC+ production cuts will have weighed on the oil sector. Furthermore, private-sector credit growth ebbed in Q3 relative to Q2, despite looser monetary conditions. More positively, surging point-of-sale transactions in September bode well for private consumption. This comes after growth slowed to a five-quarter low in Q2, dragged on by a contracting oil sector and government spending cuts aimed at addressing precarious government finances. However, solid construction sector growth mitigated the slowdown somewhat.
Bahrain - International Reserves Data
|International Reserves (USD)||5.0||5.7||3.1||2.2||2.3|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||0.38||0.03 %||Nov 21|
|Stock Market||1,506||0.04 %||Nov 21|
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