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UAE to keep dirham – US dollar peg

Jun 26th, 2010 | By

The UAE will maintain the dirham’s peg to the dollar and has no plans to rejoin the planned Gulf monetary union “for the time being,” Sheikh Mohammed Bin Rashid Al Maktoum told Cable News Network June 25, 2010. The emirates “still believe” in the peg, Sheikh Mohammed said in an e-mailed transcript of the CNN
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