Question

1. How does the Central Bank of Bahrain conduct monetary policy? Can you provide some examples about the instruments used by the central bank of Bahrain to influence the macroeconomic variables in the economy?

2. What are the major challenges and opportunities facing banks in the digital age? What does deep-tech such as artificial intelligence and machine learning offer?

Answer 1

Answer.1

Bahrain maintains a fixed exchange rate regime between the Bahrain dinar and the US dollars. The exchange rate peg provides an anchor for monetary policy. Low inflation and a stable currency are important long haul features of the Bahraini economy which support a stable business climate and its higher degrees of investment both of domestic and foreign origin. Bahrain has an unregulated economy without any limitations on capital developments, foreign exchange, foreign trade or foreign investment. The kingdom has a leading situation in the area as an open, free ,transparent and welcoming climate for investors. The monetary policy framework is geared to support the general economic goals of the kingdom.

Bahrain Central Bank had introduced a repurchase instrument in an effort to help local banks manage their liquidity. The interbank repurchase instrument covers an administrations conventional securities denominated in Bahraini dinars, the regulator said in a statement. This tool will help conventional retail banks borrow from the local market at a lower interest rates and with the guarantee of securities as a collateral. This tool will also allow for investing overabundance liquidity at a lower risk of the central bank added.

Answer.2

The challenges are :

a) sustainable competitive advantage

b) convenience and the depth of loyalty

c) understanding customer setting

d)automation and the future of work

Openings are:

a) Disk customers

b) leveraging the power of social

c) The right time and the right place

.....Deep tech is an abstract term however useful and frequently requested in order to group companies that use cutting edge technologies to take care of complex issues. The examples of deep tech include artificial intelligence, robotics, autonomous driving and so forth

Artificial Intelligence is the most frequently occurring description within Deep Tech. For example, machine learning is an all the more narrowly defined specialization within AI. These fields are not mutually exclusive. for example, natural language processing, vision, and speed acknowledgment all make frequent use of machine learning.