UAE, Qatar may ditch dollar peg in six months, says Merrill

menafn.com     May 16, 2008          

The UAE and Qatar, facing soaring inflation, are expected to ditch the dollar peg within six months, but Saudi Arabia will wait until late 2009 to break its decades-old link with the tumbling greenback, economists said. The Kuwaiti dinar, which abandoned its dollar peg in favour of a basket of... [read full story]                

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