| 02.11.2009 - Gulf single currency plan may face delay |
| From Maktoob.com: Gulf states plan to launch their monetary council, a precursor for a joint central bank, in 2010 but the planned single currency may be delayed, the Saudi central bank chief said Sunday. "The [Gulf] monetary council will be established in 2010. It will be entrusted to complete other procedures," Mohammad al-Jasser, head of the Saudi Arabian Monetary Agency, told reporters in Kuwait. ...........................Full Article: Source |