25.03.2009 - Gulf states delay single currency beyond 2010
From Tradearabia.com: The 2010 deadline for a Gulf Arab single currency will be extended and a new timetable set, senior Gulf officials said on Tuesday, in the first official recognition that monetary union plans would be delayed. Five Gulf Arab states - Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain and Qatar - have been working towards launching a single currency in 2010, a deadline that analysts and even policymakers had long said was untenable.....Full Article: Source
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