Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (30709)	3/10/2008 10:01:40 AM
From: elmatador	Read Replies (1) \| Respond to of 217740

Qatar PM says dropping dollar peg under study Doha: 1 hour and 37 minutes ago Qatar is considering dropping its dollar peg but hopes GCC states will act together before making any decision, the Gulf Times reported, citing the country's prime minister. Speaking at a security conference in Qatar's capital, Doha, Sheikh Hamad bin Jassim bin Jabr al-Thani said a decision on de-pegging from the dollar was not easy and was under study, according to the report. "I hope the GCC states take a unified position in this matter," the paper quoted him as saying. Sheikh Hamad told Reuters in February Qatar's dollar-pegged riyal is undervalued by as much as 30 percent and currency revaluation is being studied, among several options, to check inflation. Inflation in the richest Arab country by per capita hit 13.74 percent in the fourth quarter. - Reuters