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US rate cut stirs debate over Gulf currency peg (Zawya)

Story date: 2007-10-01 03:27:29
Added on: 2007-10-01 06:17:42


KUWAIT CITY, Oct 1, 2007 (AFP) - The US interest rates cut has revived a fierce debate on whether the oil-rich Gulf Arab states should keep their currencies pegged to the dollar and bear the crunch of high inflation.


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