[mattduke]

$this->bbcode_second_pass_quote('', '`')`U.S. monetary policy has upped the pressure on the GCC,'' Lawson said. ``Qatar and the U.A.E. are under much greater pressure. The scenarios are endless, but a move by the U.A.E. or Qatar independently and alone may increase the probability of a near-term move in Saudi Arabia.''

Speculation of a Gulf-wide revaluation is rising before a meeting between Saudi Arabia's advisory council, the Shura, the finance ministry and the central bank, according to Barrow, who said the largest Arab economy is blocking other states from dropping their dollar pegs. The meeting will be held on Feb. 17, Arab News reported.