Browse
related articles
Saudi says dollar is 'good buy'
- Saudi Arabia: Thursday, March 13 - 2008 at 09:46
The governor of the Saudi Arabian Monetary Authority said the US dollar, which has fallen to a record low against the euro, is undervalued and a 'good buy', reported Bloomberg. He also said there are 'no impediments' to the use of the euro as a reserve currency and it will become more attractive as it increases in liquidity. But the kingdom has no plans to start selling oil in euros and any such decision would be made by the oil ministry, he added.
Related Content
Article Options
Jeff Florian, Senior ReporterThursday, March 13 - 2008 at 09:46 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
