Rasheed Mohammed Al Maraj: Key developments in Bahrain and the region Speech by His Excellency Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, at the 4th Annual Middle East Insurance Forum, Manama, 8 May 2007. *  *  *  Your Excellencies, Ladies and Gentlemen: good morning.
3/4  BIS - Central bankers' speeches  In order to stabilize exchange rate expectations and reduce pressures on international reserves, the NBU developed a new mechanism that will provide households with more options to protect their savings from the risk of exchange rate fluctuations and will help dampen demand for FX cash.