Bahrain c.bank net foreign assets drop to six-month low of $1.60 bln

Bahrain c.bank net foreign assets drop to six-month low of $1.60 bln:

"Net foreign assets at Bahrain’s central bank dropped to a six-month low of 604.8 million dinars ($1.60 billion) in February from 750.8 million dinars in January, the central bank said on Tuesday. The reserves have been depleted as the country runs a current account deficit caused by low oil prices. Before 2014, when oil prices began to plunge, net foreign assets totalled close to 2 billion dinars. "



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