Gulf states to decide on monetary union this month

Story date: 2007-10-20 06:02:00
Added on: 2007-10-20 21:28:30

Gulf News - ... are seen as a renewed resolve to achieve monetary union even at the cost of higher inflation in the member countries. With their currencies pegged to the dollar, GCC states face a monetary policy dilemma when a falling dollar and interest rates ...


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