Bahrain: Foreign Reserves Drops to Lowest Level at Only 533 Mln Dinars
2018-05-15 - 1:22 am
Bahrain Mirror: Bahrain's foreign assets have fallen by 49.2% in March, according to official data from the Central Bank of Bahrain.
"Net foreign assets fell to 533.2 million dinars ($1.41 billion) in March, the lowest level in seven months," the latest data showed.
The foreign assets of the Central Bank of Bahrain recorded 1.05 billion dinars ($2.78 billion) in the same month last year.
According to the data, foreign assets fell on a monthly basis by 17.8%, compared to BD 604.8 million ($1.6 billion) in February 2018.
Foreign assets were divided into 2.5 million dinars ($6.6 million) in gold value and about 530.7 million dinars ($1.4 billion) in foreign exchange.
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