Bahrain’s Central Bank of Bahrain has confirmed that the dinar to dollar exchange rate remains unchanged.

The clarification from CBB comes following reports circulating on social media, quoting popular currency converter XE, that the rate was changed.

As the only integrated regulator of Bahrain's financial industry, CBB is responsible for maintaining monetary and financial stability in the kingdom.

“The exchange rate of the Bahraini Dinar quoted on XE.com is not correct,” the CBB said in a statement issued on Thursday.

“The official exchange rate remains unchanged and is available on our website www.cbb.gov.bh,” the statement added.-TradeArabia News Service