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References in periodicals archive ?
Some NGOs and source country embassies have expressed concern that unskilled workers may be dissuaded from participation in the program due to its relatively high cost of 449 Bahraini dinar ($1,190); however, the costs included a two-year work permit, health care coverage for both years, a refundable deposit for travel tickets, and an extension of residency permits.
Reuters reported the Bahraini Dinar was trading at 0.37798 yesterday morning, after dropping as low as 0.38261, a 17-year low, on Tuesday.
Earlier this month, the International Monetary Fund (IMF) said it did not see any immediate changes to Bahraini dinar's peg to the dollar, which it said "continues to provide a clear and credible policy anchor" and would be further supported by fiscal consolidation.
We need to keep the Bahraini dinar rolling in Bahrain's economy," he added.- TradeArabia News Service
"The Central Bank of Bahrain is committed to keeping its currency pegged to the US dollar set at 0.37608 and has no plans to alter the Bahraini dinar's value," it said.
He said that the payment could be done through the Bahraini Dinar and Saudi Riyal of a maximum of BD500 for each currency.
Bahraini dinar deposits and foreign currency deposits constituted 63.8 per cent and 36.2 per cent of total deposits respectively, it said.
Every guest will enjoy earning 30 Air Miles rewards points for every 1 Bahraini Dinar spent when dining at the Skyw@lk CafE[umlaut].
MANAMA: The Bahrain Association of Banks (BAB) has called for strengthening the interest rate on Bahraini dinar, known as the Bahrain Interbank Offered Rate (BHIBOR), regionally and internationally, to become a reference for financial transactions in Bahrain and the region, which exceed billions of dollars a day.
'The Bahraini dinar will remain pegged to the US dollar as a cornerstone of the Kingdom's financial and banking policies,' Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa said.
The capital securities offer an annual interest rate of 8.25 per cent for the first five years, after which the rate will be reset to the equivalent of three-month Bahraini Dinar Interbank Offered Rate (BHIBOR) plus 5.86 per cent.
Dirham 0.98800 0.99500 Bahraini Dinar 9.62000 9.70700 Kuwaiti Dinar 11.96300 12.23000 Jordanian Dinar 5.08600 5.20300 Egyptian Pound 0.13400 0.22400 Chinese Yuan 0.46500 0.55800 Tunisian Dinar N/A 1.56500 Moroccan Dirham N/A 0.38500 U.S.