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Gulf cbanks to seek ways to push monetary union

Posted on 30 March 2010

From Arabianbusiness.com: Central bank governors from four Gulf states will focus on how to push monetary union forward at a meeting in Saudi Arabia starting Tuesday, rather than how to bring back the UAE and Oman, analysts say.

Gulf rulers have endorsed a much delayed plan for monetary union in the world’s top oil exporting region despite the absence of the UAE - the bloc’s second biggest economy after Saudi Arabia - and Oman………………………………..Full Article: Source

 
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