Middle East Economic Survey
VOL. LIII
No 46
15-Nov-2010
MEES Agenda
GCC Keeps Wary Eye On Currency War
The currency war brewing between the US and China took center stage at the G20 summit that began in Seoul last week. It was being carefully monitored by the GCCs policymakers, given its important implications for their currencies, which are pegged to the US dollar (the exception is the Kuwaiti dinar which is pegged to a dollar-weighted currency basket). The dollars recent slide against...
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