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KILLFILE
Epicurean Intelligentsia
Articles Posted: 305; Links Seeded: 7617
Member Since: 2/2006Last Seen: 11/25/2009
Member Since: 2/2006Last Seen: 11/25/2009
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Kuwait Unpegs Its Currency From the Dollar, Qatar and UAE will probably follow
News Type: Event — Seeded on Wed Feb 6, 2008 7:49 AM EST
Article Source: presstv.iradvertisement
All Persian Gulf countries, excluding Kuwait, decided at their annual summit in Doha in December to peg their currencies in dollar.
Kuwait, however, decided to hook its national currency in a basket of currencies and reduce ties with the greenback.
Probably, Qatar and UAE will cut their links with the dollar.
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