| From Business24-7.ae: Gulf oil producers are expected to dump the US dollar and use their planned single currency in pricing their oil exports when they launch their landmark monetary union, a prominent financial expert said yesterday.
Nasser Al Saidi, Chief Economist at Dubai International Financial Centre (DIFC) Authority, said he expected the GCC countries to peg their common currency to a basket of global currencies of which the dollar and the euro will be the main components.......Full Article: Source
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