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CURRENCIES

Low oil prices put strains on Gulf Arab states' currency pegs

Monday, March 7, 2016 - 05:50

Kuwait City

WEAK oil prices pose a threat to Gulf Arab states' currency pegs against the dollar, but the energy-rich region is unlikely to abandon the policy yet, analysts say. Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates all keep the values of their currencies fixed

sentifi.com

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