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Sunday, 6 September 2015

Saudi Central Banker sees no threat to currency’s dollar peg

Saudi Central Banker sees no threat to currency’s dollar peg
*2015 GDP growth may exceed 3%, beating economists’ estimates *Al-Mubarak `not concerned’ about the drop in the stock market 06 September 2015, Houston – Central bank Governor Fahad Al-Mubarak said Saudi Arabia will stick with its currency peg as long as oil underpins the economy, dismissing speculation that the country’s currency system is coming under […] More »

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