the edge economic barometer march 2012

ECONOMIC BAROMETER

E

CENTRAL BANK WATCH

ECONOMIC BAROMETER

TheEDGE 47

Qatar’s Central Bank chief warned of fallout from Europe’s debt crisis, stating that the debt crisis crippling countries in the eurozone will have an indirect impact on the GCC financial sector.

The influence of central banks on the markets can be seen from this image of a specialist talking on the phone on the trading floor of the German Stock Exchange beneath the display board with the Dax curve in late 2011. The European Central Bank, the US Federal Reserve and other important central banks intervened with a coordinated action into the money market and the DAX closed higher due to the action. (Image Corbis)

EMERGING MARKETS

EUROSYSTEM AND GCC

QATAR CENTRAL BANK

CENTRAL BANK OF EGYPT

TheEDGE48

ECONOMIC BAROMETER

The Qatar Central Bank has stressed the importance of raising awareness about risk management and the significance of inspiring confidence in the financial sector, which it says can be achieved by e!ective regulations and periodical analysis of the markets.

UAE CENTRAL BANK

SAUDI ARABIA’S CENTRAL BANK