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CBB Launches Interbank Purchase Repurchase Tool

MediaIn \ Agencies 10-12-2018 The Central Bank of Bahrain (CBB) said on Sunday it had launched a repurchase tool to help local banks manage their liquidity. The CBB said in a statement that the inter-bank repurchase instrument covers traditional government securities denominated in Bahraini dinar. He added that the move …

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Gold settles near its peak in 5 months

Media In 10-12-2018 Gold prices have stabilized after touching a new five-month high early in the session as the dollar weakened after weak US jobs data boosted speculation that the Federal Reserve may stop raising interest rates sooner than expected. . The spot price of gold stood at $ 1247.99 …

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