"A senior official at the National Bank of Abu Dhabi (NBAD), said that the UAE dirham is undervalued. Nazim Fawaz Al Qudsi, Head of the NBAD's Investment Section, predicted in an interview with the Emirates News Agency that the UAE Central Bank will announce revaluation of the UAE dirham against the US dollar, to which it is pegged......."- Media roundup:
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2 comments:
So, will there be a run on dollar savings accounts?
dang! it's gonna hurt.
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