Question.2681 - In your third individual assignment you are asked to search and comment on data about central Banks’ reserves in the Middle East Area. Go to the data repository of the Federal Reserve Bank of St. Louis (https://fred.stlouisfed.org/ ) In the search window type ‘bank reserves’. In the opening search results scroll down to find data on Gross International Reserves from the Central Banks of: Lebanon, Egypt, Qatar, KSA, Kuwait, Oman, Bahrain and UAE. Download the graphs in a word document and comment on their relative development over time: are reserves increasing or decreasing? Why? (your textbook refers to the cases where a Central Bank wants to increase or decrease its reserves)
Answer Below:
The xxxxx and xxxxxxx policy xxxxxxxxx to xxx pandemic xxxxxx the xxxxxxx to xxxxxxxx the xxxxxx and xxxxxxxx crisis xxxxxx the xxxxxxxx volatile xxx market xxx tighter xxxxxx financial xxxxxxxxxx along xxxx worse xxxxxxxxxxxx tensions xxxx posed xxxxx and xxxxxxx in xxx country xxxxxxx the xxxxxxx exit xxxxxxxx and xxxxxx approach xxxxxxx more xxxxxxxx and xxxxxxxxxx support xxx helped xxx country xxxx the xxxxx towards xxxxxxxxx stability xxxxxxxx insolvency xxxxxx and xxxxxx bank xxxxxxxxxx framework xxxx strongly xxxxxxxxxxx resource xxxxxxxxxxxx along xxxx strengthening xxxxxxxxxx in xxx core xxxxxxx The xxxxxxxx shift xxxx rising xxx declining xxxxxxxx can xx contributed xx the xxxxxxx rsquo x constant xxxxxxxxxx to xxxxxxxx growth xx contrast xx external xxxxxxxxx Constant xxxxxxxxx gridlock xxx hindered xxxxxxxx in xxxxxx growth xxxxxxx to x need xx growth xxxxxxx the xxxxxxxxxx reforms xxx seriously xxxxxxxxxx Reforms xxxxx including xxx debt xxx is xxx dire xxxx of xxx country xxx smooth xxxxxxxxxx in xxxxxxx and xxxxxx Owing xx the xxxxxxxx sharp xxxxxxxx in xxx prices xxx cuts xx oil xxxxxxxxxx under xxx OPEC xxxxxxxxx has xxxxxxxxxxxxx weighed xxxx the xxx sector xx till xxxx lower xxxxxxxx rates xxx lending xxxxxxx with xxxxx liquidity xxx relaxation xx other xxxxxxx measures xxx monetary xxxxxx of xxx country xxx been xxxxxxxxxx a xxxxxxx in xxxxxx growth xxxxxxx delays xx structural xxxxxxx have xxxx amplifying xxx risk xx procyclical xxxxxx policies xxxxxxx undermining xxx investor xxxxxxxxxx thereby xxxxxxxxx the xxxxxxxx diversification xxx competitiveness xxx country xx in xxxxxx to xxxxxxxx The xxxxxxxx mitigation xxxxx and xxxxxxx of xxxxxxxxxxx sector xxxxxxx with xxxxxxxxxx of xxxxxx restrictions xxxxx strong xxxxxxxxxx of xxx country xxxxxxx Oman xxxxxx The xxxx vision xxxxxxx on xxxxxxxxxxx fiscal xxxxxxxxxxxxxx strengthening xxxxxxxxxx of xxxxx owned xxxxxxxxxxx boosting xxxxxxx private xxxxxx growth xxxxx with xxxxxxxx more xxx opportunities xx the xxxxxxx Oil xxxxxx have xxxxxxx a xxxxxxxxxx high xx this xxxx frame xxx is xxxxxxxx to xxxxxx high xxxx medium xxx long xxxx strengthening xxxxxx and xxxxxxxx buffers xxx steady xxxxxx in xxxx period xxx ledto xxx launch xx Vision xxxx the xxx of xxxxxxx government xxxxxxxx Attracting xxxxxxx investment xxx diversifying xxx economy xxx a xxxxxx tomorrow xxxxx Arabia xxx been xxx fastest xxxxxxx economy xx the x reflecting xxxxxx oil xxxxxxxxxx and x strong xxxxxxxx growth xxxxxxx by xxxxxx private xxxxxxxxxxx and xxxxxxx private xxxxxxxxxx The xxxx segments xx non-oil xxxxxx drivers xxxx wholesale xxxxxx trade xxxxxxxxxxxx and xxxxxxxxx The xxxxxxx has xxxx focused xxxxxxx high xxxxxx along xxxx low xxxxxxxxxxxx and xxx inflation xxx banks xxxx been xxxxxxxx well xx these xxxxxx of xxxxx with xxx aim xx strong xxxxxxx adequacy xxxxx higher xxx interest xxxxxxx and xxxxxxxxx oil xxxxxx dynamics xxxxx in xxxx have xxx to xxxxxxxxxxxxx the xxxxxx position xx percent xx GDP xxxxxxx the xxxxx since xxx commitment xx Vision xxxxxxxxxx helped xx boosting xxxxxx in xxxxx times xxx country xx getting xxxxxx in xxx operations xxx have xxxx propelling xxxxxxx green xxxxxxx with x strong xxxxx towards xxxx oil xxxxxxxxxxx leading xx economy xxxxxxxxxxxxxxx amidst xxxxxxxxx external xxx environment xxx economic xxxxxx of xxx has xxxx strengthening xxxx from x rapid xxx effective xxxxx response xxxxxxx supportive xxxxxx measures xx reaping xxx benefits xx social xxx business xxxxxxxx reforms xxxxxxxxx the xxxx agreement xxx GDP xx expected xx grow xx the xxxxxxx years xxxx external xxx fiscal xxxxxxx to xxxxxx high xxxxxxx on xxxxxxxx oil xxxxxx Supported xx strong xxxxxxxx activity xxx country xxxxx faces xxxxxxxxxxxxx pertaining xx global xxxxxx growth xxx tighter xxxxxx financial xxxxxxxxxx The xxxxxx since x financial xxxxxx have xxxx promising xxxxxxx to xxxxxxxx in xxxxxxxx every xxxx The xxxxxxx and xxx economy xxx been xxxxxxxxxxxx readjustments xxxxx to xxxxxxx exchange xxxx readjustments xxx a xxxx for xxxxxxxx financing xxxx because xx amortization xx external xxxx and xxxxxxxxxxxxx creditors xxxx as xxxx States xxx IMF xxx costly xxxxxxx have xxxxxxxxx Egyptian xxxxxxx to x downward xxxxxx and xxxxxxxx changes xx the xxxx ten xxxxx The xxxx dependence xx imports xxx restriction xx foreign xxxxxxxx transaction xxxx adversely xxxxxxxx the xxxxxxx of xxxxxxx crisis xx the xxxxxx years xxxxxxx to x prospect xx an xxxx of xxxxxxxx financial xxxxxx from xxxxxxx international xxxxxxx followed xx sudden xxxxxxxxxx of xxxxxxxxx tension xx the xxxxxxx After xxx civil xxx - xxx country xxx balanced xx tourism xxxxxxxx foreign xxx earnings xxxx financial xxxxxxxx and xxxxxxxx of xxxx Arab xxxxx The xxxxx reliable xxxxxx of xxxxxx were xxxxxxxxxxx from xxxxxxxx working xxxxxx However xxx country xx in x deep xxxxxxxx crisis xxxxx government xxxxx up xxxx due xx spending xxxxx leading xx global xxxxxxxxx crisis xx Today xxx banks xxx paralyzed xxx savers xxx now xxxxxx only x portion xx their xxx funds xxxx crashing xxxxxxxx and xxx economy xxxxxxx into xxxxxxx every xxx the xxxxx reserves xxxx been xxxxxxxxx every xxxx owing xx heavy xxxxxxxxxx economy xxxx recurring xxxxxx deficits xxx monetary xxxxxxxxx of xxxxxx debt xxxxxxx with xxxxxxxxx inflation xxx a xx facto xxxxx exchange xxxx lasting xxx more xxxx years xxxxx Bahrain xxxxx s xxxxxxx has xxxx significantly xxxx dependent xx oil xxxxxxxx and xxx been xxxxxxxxxx to xxxxxxxx shocks xxxxxxxxx price xxxxxxxxxxxx With xxxxx fiscal xxxxxxxx the xxxxxx debt xxx debt xxxxxxxxx costs xxxx been xxxxxxxxxx steadily xxx to x strong xxx interdependence xx Saudi xxxxxx the xxxxxxx remains xxxxxx susceptible xx threats xxxxxxx of xxx internal xxxxxxxxxxx thereby xxxxxxxxx the xxxxxxx economy xxx investors xxxx continuous xxxx in xxxxx foreign xxxxxxxx the xxxxxxx is xxxx to xx able xx finance xxxx months xx obligation xx respect xx imports xx goods xx This xxx the xxxxxx in xxx last xxxxxx years xx the xxxxxxx ReferencesArslanalp x Eichengreen x amp xxx Simpson-Bell x Gold xx international xxxxxxxx A xxxxxxxxx relic xx more xxxxxxx of xxxxxxxxxxxxx Economics xxxxx doi xxx j xxxxxxx Bahrain xxxxxxx Exchange xxxxxxxx Bahrain xxxxxxx Exchange xxxxxxxx ndash xxxx Data x d xxxxx www xxxxxxxx com xx indicator xxxxxxx foreign-exchange- xxxxxxxxxxxxx J xxx unique xxxxxxxxxxxxx case xx Lebanon xxxxxxxx Systems xxxxx doi xxx j xxxxxx Devaux x October xxxxx Dark xxxxxxxxx economic xxxxx economic- xxxxxxxx bnpparibas xxx html xxxxx Egypt-Dark-prospects- xxxxxxx Reserve xxxxxxxx Data xxxx trusted xxxx source xxxxx FRED x d xxxxx fred xxxxxxxxxx org xxxxxxxxxxxxx st xxxxx international xxxxxxxxxxxxxx Article xx Consultation-Press xxxxxxx staff xxxxxx and xxxxxxxxx by xxx executive xxxxxxxx for xxxxxx a xxx Staff xxxxxxx Reports xxxxx doi xxx Oman xxxxxxx IV xxxxxxxxxxxxxxxxxx Release xxxxx report xxx statement xx the xxxxxxxxx director xxx Oman x IMF xxxxx Country xxxxxxx https xxx org xxxxx Article xx Consultation-Press xxxxxxx and xxxxx report x IMF xxxxx Country xxxxxxx https xxx org xxxxx Arabia xxxxxxx IV xxxxxxxxxxxxxxxxxx Release xxxxx report xxx informational xxxxx a xxx Staff xxxxxxx Reports xxxxx doi xxx United xxxx Emirates xxxxxxx IV xxxxxxxxxxxxxxxxxx Release xxx staff xxxxxx b xxx Staff xxxxxxx Reports xxxxx doi xxxMore Articles From Finance
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