12.11.2010 - Currency speculation in GCC likely to remain at bay
From Arabnews.com: The US dollar is still far from — nor do we forecast it to cross — the key 1.50 mark vis-à- vis the euro, last crossed in late 2009 when oil prices were about $10 lower than they are now. As a result, we do not anticipate the return of “hot money” speculating on a change in currency policy away from dollar pegs or revaluations..............................................Full Article: Source
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