COVID-19: How GCC currencies are riding out the economic storm

Retrieved on: 2021-03-15 11:25:40

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Economy

Foreign exchange market

International trade

Currency

International macroeconomics

Monetary hegemony

Gulf Cooperation Council

Exchange rate

Fixed exchange-rate system

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COVID-19: How GCC currencies are riding out the economic storm. View article details on HISWAI: https://gulfnews.com/special-reports/covid-19-how-gcc-currencies-are-riding-out-the-economic-storm-1.1615802310334

Excerpt

Saudi Arabia pegged its riyal in June 1986, and UAE's dirham joined in January 1978. Kuwait in 2003 became the last Gulf state to peg its currency to ...

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