VOL. XXX
NO. 25
30-MARCH-1987
Financial and Banking News
REGIONAL BANKING
Currency Alignment Decision Postponed: Business and InvestmentResolutions Come into Effect
The Finance and Economy Ministers of the six-memberstate Gulf Cooperation Council (GCC) decided at their meeting earlier this monthin Abu Dhabi to refer the question of establishing a GCC currency alignmentsystem back to the Central Bank governors for further study, with new recommendations to be submitted by next July.
An agreement in...
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