View Full Version : gulf summit fails to adress revaluation
12-10-2007, 05:24 AM
Gulf Summit Fails To Address Revaluation
Oxford Analytica 12.10.07, 6:00 AM ET
i wonder what is taking so long????:wondering:
12-10-2007, 06:48 AM
I think the first paragraph shows they accomplished what they hoped for:
The absence of any statement on the dollar peg at the Gulf summit Dec. 3-4 has temporarily dampened currency speculation. As Gulf Cooperation Council (GCC) trade is mostly with non-dollar countries, and overseas capital allocation is gradually diversified, calls for revaluation or wholesale abandonment of the peg have become louder.
12-10-2007, 08:10 AM
YEAH WHaTS TAKING SO LONG!
12-10-2007, 08:57 AM
Yea, That is the official version !! Wondering what is going on behind the scenes ???:) :)
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