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Saudi to keep dollar peg
- Saudi Arabia: Sunday, June 01 - 2008 at 09:01
Saudi Arabian Finance Minister Ibrahim Al Assaf and US Treasury Secretary Henry Paulson have agreed that Saudi benefits from the pegging to the US dollar. At a press conference in Jeddah Al Assaf reiterated that the Gulf kingdom had no intention of dropping the peg or of revaluating the riyal.
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Edward Poultney, Editor - EnglishSunday, June 01 - 2008 at 09:01 UAE local time (GMT+4)
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