Fed to the Rescue as Gulf Central Banks Get to Cut Rates at Last
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major economic challenge for Gulf countries after the 2014 oil price crash?
Increasing oil production
Maintaining currency pegs
Reducing inflation
Boosting exports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is Kuwait considered the 'odd one out' in its monetary policy decisions?
It has the highest interest rates in the GCC
It follows the Federal Reserve closely
It pegs its currency to a single currency
It often does not follow the Federal Reserve's rate changes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To what does Kuwait peg its currency?
The British Pound
The Euro
A basket of currencies
The Japanese Yen
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key reason for Kuwait's monetary policy approach?
To reduce government spending
To align with Saudi Arabia's policies
To increase foreign investment
To maintain a growth-enhancing environment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Kuwait ensure its currency remains attractive for savings?
By maintaining a stable currency peg
By following the Federal Reserve's rate changes
By increasing interest rates frequently
By reducing inflation rates
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