Qatar considers dropping dollar peg

Qatar considers dropping dollar peg

Published by kidmercuryblog
01-30-2008

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Qatar considers dropping dollar peg

Countries dropping the dollar peg is another sign of ongoing dollar devaluation, and one of the more serious signs. -- KM

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Doha is reviewing its currency policy and could drop the dollar peg as the Gulf state struggles to tame inflation while the US cuts interest rates to head off recession

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dollar peg, dollar reserves

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