Loading ...GCC nations may quote oil price in new regional currency
By Dana El Baltaji • Nov 23rd, 2009 • Category: Middle East Business NewsGulf States are considering using a new unified, regional currency to price crude oil rather than using…
Posts Tagged ‘US dollar’
Gulf States are considering using a new unified, regional currency to price crude oil rather than using…
Death of the dollar
By Jay Akasie • Nov 16th, 2009 • Category: Cover Story, Finance, RegionalThe sliding dollar has prompted the region’s governments to question if their currencies’ dollar peg is doing more harm than good (again).
Crude crunch
By Ehtesham Shahid • Jan 27th, 2009 • Category: Analysis, Article, Cover Story, International, The WorkEhtesham Shahid explains the effects of oil’s yo-yoing price on the world’s markets
Pegged to the right stuff
By Kipp • Oct 28th, 2008 • Category: Analysis, Cover Story, MoneyMore losses hammer markets around the world today, but there’s a silver lining to all this: because the GCC’s currencies are pegged to the dollar, the rising dollarhas just increased your salary’s worth.
