BMA dep gov: Monetary policy key to currency union

Bahrain Monetary Agency (BMA) Deputy Governor Khalid Al Bassam said a strong monetary policy will be even more important for the region with the introduction of a common GCC currency.

Mr Al Bassam was speaking at the opening of a Monetary Policy and Operations seminar at the Bahrain Institute of Banking and Finance (BIBF) yesterday.

An effective monetary policy plays a critical role in the management of a modern economy, he said. "Developing an understanding of the options open to us in the choice

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