Bahrain

Bahrain

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.