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Gulf Currencies: UAE CB Announcement as early as Sunday 12.2

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General interest discussions, not necessarily related to depletion.

Gulf Currencies: UAE CB Announcement as early as Sunday 12.2

Unread postby roccman » Sat 01 Dec 2007, 20:47:42

With speculation mounting that Gulf currencies will be revalued after next Monday’s meeting of GCC central banks, Arabian Business has learned that the UAE central bank could make an announcement as early as Sunday.

Hmmmmmmmmmmmmmmmm...wonder what happens to the US$?

Wonder if I become a millionaire overnight because I bought dinar...

Stay tuned...could be a bumpy ride.
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
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Re: Gulf Currencies: UAE CB Announcement as early as Sunday

Unread postby Laurasia » Sat 01 Dec 2007, 22:53:08

Thinks to herself: So THAT's why they loaned Citigroup those seven plus billion dollars! They didn't want those old dollars anyway - so they're sending them back over here.

Regards,

Laurasia, international finance guru
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