UAE governor rejects Greenspan advice
Sultan Bin Nasser Al-Suwaidi, the governor of the Central Bank of the United Arab Emirates (UAE), told Al-Ittihad, a local newspaper, that such a decision was nonsensical. "The dollar is on its way to strengthening and it is not logical to speak now of de-pegging," he said, adding that the peg had benefited the local economy, specifically the
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