Tuesday, May 27, 2008

U.A.E., Qatar May Drop Dollar Pegs Within Months, National Says

The Gulf Cooperation Council hoped to form a monetary union in 2010 when the Gulf states would drop the dollar peg; however, U.A.E and Qatar may drop the dollar peg as soon as a few months. http://www.bloomberg.com/apps/news?pid=20601116&sid=a1Kmior169Jk&refer=africa
-Dan in BA

No comments: