Tuesday, 9 October 2007

Gulf forex revaluation risk could squeeze dollar further

The broadly declining dollar could come under further pressure should Gulf Arab states decide to revalue their currencies and remove pegs to the greenback, prompting a flight out of US assets by the Middle East countries. - reports Gulf News
Read the full story here http://archive.gulfnews.com/articles/07/10/06/10158387.html

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