Kuwait: Central Bank unveils liquidity management and forecasting dashboard
The Central Bank of Kuwait (CBK) has announced a liquidity management and forecasting dashboard.
According to CBK, the dashboard will enhance the ability to forecast liquidity conditions more accurately and at an earlier point in time. This will, in turn, lead to more efficient utilization of monetary policy instruments.
The dashboard relies mainly on trends indicated by historical data to come up with more accurate forecasts. This requires the gathering and inputting of relevant information and data that indicate the future liquidity position of the whole banking system.