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Sovereign Wealth Funds Briefing - Categorized | Market

Qatar should mull dropping dollar peg-advisor

Posted on 02 June 2009

From Forbes: Qatar, one of the world’s largest investors through a sovereign wealth fund, is part of a planned monetary union with three fellow Gulf Arab countries, of which three peg their currencies to the dollar.

‘My opinion has strengthened because we don’t know what’s going to happen to the dollar and some people think because of the (fiscal) expansion in the U.S., the dollar could decline too,’ Ibrahim al-Ibrahim told reporters at a conference………Full Article: Source


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