Closure of the second meeting of the Monetary Policy Working Group

Raphael Lorenzo posted this>>> Abu Dhabi / morning follow - up systems of the Arab Monetary Fund in cooperation with the Bank for International Settlements second joint meeting on monetary policy in the Arab countries , which concluded its work last Thursday in the city of Abu Dhabi , United Arab Emirates.
The meeting reviewed the economic, financial and international developments and their implications for the management of monetary policy and the banking sector in the Arab countries, as well as discussing a number of technical issues related to the management of liquidity and exchange rate systems.
The meeting was attended by 51 high-level monetary policy officials representing 23 central and Arab central banks, including 14 central banks and nine international central banks, including the US Federal Reserve and the European Central Bank, as well as senior officials from Arab financial institutions.
The Bank for International Settlements (BIS) was established in 1930. It is the oldest international financial institution with 60 members of central banks representing a number of countries whose combined GDP accounts for about 95 percent of world GDP.
The Bank for International Settlements aims to support international central banks with the aim of achieving monetary and financial stability and supporting international cooperation in related fields to serve as the Bank of Central Banks.

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