Economy #47

ILR 2+ · Economy · press conference · natural recording

Play the recording, then answer the questions.

Question 1 of 5What decision is defended?

Question 2 of 5What problem did the fixed rate create?

Question 3 of 5What parallel measure was taken?

Question 4 of 5How does the governor answer the IMF question?

Question 5 of 5What does 'acknowledges reality instead of denying it' mean?

Vocabulary

السِّيَاسَة النَّقْدِيَّةmonetary policy

تَحْرِير سِعْر الصَّرْفfloating the exchange rate

نِطَاقrange, band

السُّوق السَّوْدَاءblack market

الْأَجَل الْقَصِيرthe short term

يُسَعِّرُونَthey price

مُوَازِيَةparallel

الْوَدَائِعdeposits

الِادِّخَارsaving

سِيَادِيّsovereign

يَتَوَافَقُ مَعَis consistent with