RiyalNews and information about Riyal currency.'GCC must be lauded for resisting depeg pressure' - Business24-7- September 7, 2008 Gulf monetary authorities gained credibility by resisting market pressure to end the peg between their currencies and the US dollar when it plunged by nearly 30 per cent in one year, a prominent banker said yesterday. Henry Azzam, Chief Executive ...http://www.business24-7.ae/Articles/2008/9/Pages/09072008_2657cbf5f12847b989c1eaade00e9613... UNCTAD blames monetary policies for turmoil - MENAFN- September 6, 2008 (MENAFN - Arab News) The current international framework for monetary and exchange-rate policies, which offers opportunities for speculative activities, is largely to blame for the ongoing global economic turmoil, the Geneva-based United Nations ...http://www.menafn.com/qn_news_story_s.asp?StoryId=1093211013 OPEC likely to trim oil supply as economy slows - MENAFN- September 6, 2008 (MENAFN - The Peninsula) Slower demand, an economic downturn and cheaper oil could convince OPEC it needs to trim supply unofficially, but the producer group is expected to leave public output targets unchanged when it meets next week. Prices have ...http://www.menafn.com/qn_news_story_s.asp?storyid=1093211023 Kuwait's foreign assets to reach $300 billion - MENAFN- September 6, 2008 (MENAFN - Arab News) Fitch Ratings has upgraded Kuwait's foreign currency long-term issuer default rating ("IDR") to "AA" from "AA-" ("AA minus") and has affirmed the local currency Long-term IDR at "AA". The outlooks on both ratings remain stable ...http://www.menafn.com/qn_news_story_s.asp?storyid=1093211017 Dollar rally fails to ease forex reforms pressure- September 5, 2008 DUBAI: The case for Gulf oil producers to switch to flexible exchange rates to fight high inflation and strengthen their currencies will not go away even as the US dollar's rebound buys them time to rethink ...http://www.gulf-daily-news.com/Story.asp?Article=228125&Sn=BUSI&IssueID=31169 Call for currency reform in the Gulf- September 5, 2008 Gulf policymakers who faced growing popular pressure to revalue their currencies have been relieved as the greenback recouped most of its 2008 losses and the US Federal Reserve stopped slashing interest rates.http://www.thepeninsulaqatar.com/Display_news.asp?month=September2008&file=Business_Ne... Gulf currency reform pressures remain amid dollar rally - Gulf Times- September 4, 2008 DUBAI: The case for Gulf oil producers to switch to flexible exchange rates to fight high inflation and strengthen their currencies will not go away even as the US dollars rebound buys them time to rethink their dollar pegs. Gulf policymakers who ...http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=239683&version=1... IV. Abuses in Saudi Arabia, Kuwait, Lebanon, and the United Arab ... - Human Rights Watch- September 2, 2008 We all want to go back to Sri Lanka, we came here with so many expectations, we never thought that all these things would happen. 148 Indrani P., age 32, at the Sri Lankan embassy shelter in Riyadh, Saudi Arabia In Saudi Arabia, Kuwait, Lebanon ...http://hrw.org/reports/2007/srilanka1107/4.htm |