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Gulf may launch single currency in 2015

Posted on 07 January 2010

From Tradearabia.com: A single Gulf currency could be launched in 2015 if countries from the Gulf Cooperation Council (GCC) speed up the process, a senior official from the bloc’s secretariat said on Wednesday.

Rulers from the world’s top oil exporting region endorsed the much-delayed monetary union last month despite the pullout of the United Arab Emirates — the bloc’s second-largest economy — and Oman…………………………………….Full Article: Source

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