Monday 23 December 2024
 
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World currency disorder unacceptable: Sarkozy

Disorder among world currencies has become unacceptable and France intends to make it a major subject of its presidency of the G8 and G20 in 2011, President Nicolas Sarkozy said on Thursday. France has been at the forefront of European com

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UAE will revalue currency by July says bank

The United Arab Emirates was 60 per cent likely to revalue its dollar-pegged dirham unilaterally or in conjunction with other Gulf oil producers in the first half of next year, an investment bank has predicted. The UAE could allow its dirh

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Gulf 'to review currency union date in 2008'

Gulf Arab rulers will decide the final timetable for monetary union next year, and not at a summit in Qatar in December, a Saudi newspaper newspaper quoted a Gulf official as saying on Monday. Saudi Central Bank Governor Hamad al-Sayyari t

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