Blogs about: Currency Pegs
Oman inflation figures
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C&N wrote 3 months ago: Omani inflation has shown that the annual inflation rate has increased, in February, to 11.11% from … more »
Kuwait: Record inflation level
C&N wrote 3 months ago: The annual consumer inflation in Kuwait has just been reported at 7.54% in December 2007. Government … more »
Single Currency: The biggest influence, Saudi Arabia
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C&N wrote 3 months ago: I view the Gulf countries as each dealing with their own dilemma regarding the unified currency, … more »
Why the single Gulf currency will not happen...
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C&N wrote 3 months ago: Following the central bankers meeting in Doha this week its clear they are all enthusiastic and conf … more »
Kuwaiti Dinar rises to strongest point
C&N wrote 3 months ago: Kuwaiti Dinar rises to to its strongest point since dropping the peg. Todays mid point .26 … more »
Qatari Riyal at negative interest rates
C&N wrote 3 months ago: QAR DEPOSITS (Indication Rates) QAR O/N 0.25 2.00 QAR 1M -1.40 - 0.00 QAR 2M -1. … more »
"We are fixed against the dollar" - Qatar
C&N wrote 4 months ago: Inline with todays reports of the US lower interest rates Qatar’s Central Bank Governer has … more »
US Federal Reserve rate cut rumors
C&N wrote 4 months ago: Rumors are going around that the U.S. Federal Reserve will be cutting rates by 100 basis points (or … more »
CBK has done it again...
C&N wrote 4 months ago: Kuwait let its dinar currency rise 0.79% against the dollar on Sunday, the second-biggest one-day ju … more »
Qatar central bank denies reports
C&N wrote 4 months ago: Qatar’s central bank has denied a media report that it might revalue its dollar-pegged currenc … more »
Qatar to keep Riyal peg, for now
C&N wrote 4 months ago: According the Qatari central bank governor, Sheikh Abdullah bin Saud al-Thani, Qatar will keep its … more »
Kuwaiti Dinar rises 0.78% to .26910
C&N wrote 4 months ago: Kuwait let its dinar currency rise 0.78% against the dollar on Thursday, the second-biggest one-da … more »
UAE sets inflation target
C&N wrote 4 months ago: The UAE has just announced an inflation target of 5% for 2008. The country’s Minister of E … more »
Bahrain foreign workers strike
C&N wrote 4 months ago: Around 1,500 construction workers, mostly South Asian migrants, are striking in Bahrain to demand hi … more »
Kuwait money supply surges 26 pct in February
C&N wrote 4 months ago: March 11 (Reuters) - Kuwait money supply, an indicator of future inflation, grew 26 percent in the … more »
USD all-time low vs. Euro, KWD highest since '88
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C&N wrote 4 months ago: Kuwait lets dinar rise for 5th day, highest since Jan ‘88 The euro rose 0.2 percent to $1.5 … more »
Weak UAE Dirham deterring Indian workers
C&N wrote 4 months ago: Many Indian construction workers are choosing not to take jobs in Dubai because their earnings would … more »
Rent freeze in Qatar
C&N wrote 4 months ago: Qatar has just imposed a rent freeze for two years on all rentals in the country. According to the … more »
"UAE should abandon its peg to the weak U.S. dollar"
C&N wrote 4 months ago: Nasser Suwaidi, chief economist at the Dubai International Financial Center has expressed concern in … more »
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