Browse related articlesUAE to keep dollar peg - says central bank
United Arab Emirates: Tuesday, April 08 - 2008 at 09:06
UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi on Monday reiterated the UAE's commitment to pegging its currency to the US dollar, saying the country has 'no intention whatsoever to depart from the peg or to revalue the currency in any manner', reported Gulf News. Governors of GCC central banks had met in Doha on Sunday and agreed to maintain the peg and to continue striving toward the common currency by October 20, 2010.
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Jeff Florian, Senior ReporterTuesday, April 08 - 2008 at 09:06 UAE local time (GMT+4)
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