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Bahraini Dinar
(redirected from Bahrain dinar)

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Bahraini Dinar
The currency of Bahrain. It was introduced upon Bahrain's independence from the United Kingdom; it replaced the Gulf rupee. In 1980, the dinar was pegged to Special Drawing Rights, though in practice it was pegged to the U.S. dollar. The peg was officially changed to the dollar in 2001.
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The current Bahrain dinar to pound exchange rate has been more favourable than in recent years and has allowed us to close the gap between teachers' pay rates in the UK and those offered by the school.
St Christopher's to increase fees by 4pc by Gulf Daily News (Manama, Bahrain)
Summary: MANAMA u The Bahrain Competitiveness Council, or BCC, has urged the need to revalue the Bahrain Dinar, as the monetary policy remained unchanged for the last 30 years.
BCC Urges Need to Revalue Bahrain Dinar by Khaleej Times (Dubai, United Arab Emirates)
Money markets "The adjustment to the deposit and lending rates represents a continuation of measures taken by the CBB to ensure the smooth functioning of the money markets in Bahrain, and in accordance with the policy of pegging the Bahrain Dinar to the US dollar.
Bahrain's central bank cuts rate by 0.75% by Gulf News (United Arab Emirates)
 
 
 
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