Middle East Economic Survey
VOL. LII
No 29
20-Jul-2009
REGIONAL
US Treasury Secretary Touts Strong Dollar Policy In Gulf Visit
US Treasury Secretary Tim Geithner touted a strong dollar position in his visit to the Gulf last week, noting that US policy is designed to lay the conditions not only for strength in the US currency, but also more stability in the international monetary system. The dollars value is of key importance to the Gulf given that oil is priced in dollars. Also, their currencies,...
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