Browse related articlesQatar to keep dollar peg
Qatar: Monday, January 21 - 2008 at 06:53
Qatar Central Bank Governor Shaikh Abdullah Bin Saud Al Thani said in a TV interview that Qatar will keep its currency pegged to the dollar until at least 2010, reported Gulf News. Speaking on the Lakom Al Qarar (The Decision Is Yours) show, Al Thani said more than 50% of Qatar's imports 'are from the dollar zone which means that the advantages of de-pegging are exaggerated'. He also said the dollar peg is enhancing monetary stability and retaining the confidence of foreign investors.
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Jeff Florian, Senior ReporterMonday, January 21 - 2008 at 06:53 UAE local time (GMT+4)
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