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dollar peg

Gulf currency pegs seen surviving weak dollar for now

Gulf currency pegs seen surviving weak dollar for now

The shaky euro is likely to help current pegs stay in place, meanwhile Gulf capital inflows are low and inflation is below 2008 peaks.

November 23, 2010 12:11
 

UAE dollar peg to remain

Sheikh Mohammad says the UAE will avoid a GCC currency union until it is profitable.

June 26, 2010 12:34
 
Are UAE banks broke?

Are UAE banks broke?

Despite government bailouts, tight liquidity persists throughout the Emirates.

May 7, 2010 10:18
 
Do Gulf expats secretly want their home countries to suffer?

Do Gulf expats secretly want their home countries to suffer?

Why would you wish for an economic downturn in your own country? Because you want better forex rates, of course.

March 3, 2010 1:20
 
Should you be sending money home?

Should you be sending money home?

Even as the economic slowdown continues, the exchange rates between the UAE dirham and currencies across the world are fluctuating. So which nationalities in the UAE are benefitting the most?

December 4, 2008 1:52