CBB brings central banking authority role to fore

According to this article from Arab News, published Sunday 22 October, the establishment of the new Central Bank of Bahrain highlights the issue of the role of a central banking authority in an economy and financial market.

"Should this central banking authority operate independently from its political masters, and should its functions be clearly divided between those of setting monetary policy including interest rate and inflation policies; and those of regulating, supervising and licensing

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