Saudi Arabia: Selected Issues:

This Selected Issues paper assesses the importance of oil and interest rate spillovers for Saudi Arabia. Oil prices have fallen by more than 40 percent since mid-2014 while the Federal Reserve is expected in the coming months to begin raising its policy rate at the beginning of a gradual tightening...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Körperschaft: International Monetary Fund. Middle East and Central Asia Dept (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2015
Schriftenreihe:IMF Staff Country Reports: Country Report No. 15 / 286
Schlagworte:
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Volltext
Zusammenfassung:This Selected Issues paper assesses the importance of oil and interest rate spillovers for Saudi Arabia. Oil prices have fallen by more than 40 percent since mid-2014 while the Federal Reserve is expected in the coming months to begin raising its policy rate at the beginning of a gradual tightening cycle. Given the importance of oil to the economy and the peg of the riyal to the U.S. dollar, these are two key developments for Saudi Arabia. Although a temporary drop in oil prices would likely have little effect on the economy and banks given the financial cushions that have been built-up, a longer-lasting period of low oil prices would have a more significant impact
Beschreibung:Description based upon print version of record
Beschreibung:1 Online-Ressource (85 p)
ISBN:1513505076
9781513505077

Es ist kein Print-Exemplar vorhanden.

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