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Call for UAE to rejoin FX union
26 February 2010
The head of the Arab Monetary Fund has urged the UAE to rejoin the Gulf monetary union
Read more:
Arab Monetary Fund
GCC
FX
UAE
Saudi Arabia
Jassem al-Mannai, head of the Arab Monetary Fund, has urged
the UAE to rejoin the Gulf monetary union, according to a report in Maktoob
Business.
The UAE had pulled out of the union in May 2009 in protest
at a decision to base the union’s central bank in Saudi Arabia. The GCC
initially planned to create...
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