The exchange rate of the Bahraini dinar is fixed to the U.S. dollar, which means that developments in the American economy have repercussions for Bahrain. Bahrain's central bank is the Bahrain Monetary Agency (BMA), an independent organization praised for its adherence to international standards.
Trade (expressed in billions of US$): Bahrain | ||
Exports | Imports | |
1975 | 1.107 | 1.189 |
1980 | 3.606 | 3.483 |
1985 | 2.897 | 3.107 |
1990 | 3.761 | 3.712 |
1995 | 4.113 | 3.716 |
1998 | N/A | 3.463 |
SOURCE: International Monetary Fund. International Financial Statistics Yearbook 1999. |
Trade (expressed in billions of US$): Bahrain | ||
Exports | Imports | |
1975 | 1.107 | 1.189 |
1980 | 3.606 | 3.483 |
1985 | 2.897 | 3.107 |
1990 | 3.761 | 3.712 |
1995 | 4.113 | 3.716 |
1998 | N/A | 3.463 |
SOURCE : International Monetary Fund. International Financial Statistics Yearbook 1999. |
Exchange rates: Bahrain | |
Bahraini dinars (BD) per US$1 | |
2001 | 0.3760 |
2000 | 0.3760 |
1999 | 0.3760 |
1998 | 0.3760 |
1997 | 0.3760 |
1996 | 0.3760 |
Note: Fixed rate pegged to the US dollar. | |
SOURCE: CIA World Factbook 2001 [ONLINE]. |
The Bahrain Stock Exchange (BSE) opened in 1989, and in 1995 Bahrain and Oman signed an agreement linking their stock exchanges. The link-up allows cross-listing of companies on both exchanges, which between them have 110 listed companies with a total market capitalization of US$8.1 billion. In 1996, the Bahraini and Jordanian stock exchanges linked up, and the BSE also has links with the Sri Lankan and Bangladeshi exchanges and plans to link up with the Bombay Stock Exchange.
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