A new reserve currency of the Persian Gulf

The global economy rules igry08-06-2009 A new reserve currency of the Gulf Four countries Gulf oil producers failed to agree on a new single currency. This did not prevent even the crisis and the refusal of the participation of such countries, the Gulf, like Saudi Arabia and Oman. Experts, however, in an interview Bigness.ru skeptical speak about the prospects of monetary experiment in the region. Several key issues in the draft of the Gulf has not yet been agreed upon. Four countries in the Persian Gulf after all agreed to create a single currency. Representatives of Saudi Arabia, Bahrain, Kuwait and Qatar today signed an agreement on the introduction of a regional means of payment. The name for the new regional accounting unit has not yet invented. Alternatively, it asked to name the "Khaleej" - from the Arabic word "Khaleej" ("Gulf"). According to a new document before the end of this year in Riyadh (the capital of the Kingdom of Saudi Arabia) will create a currency board, which will deal with an embodiment of the idea of ??a common currency in life. In particular, the establishment of the Central Bank of the Gulf, ITAR-TASS. Countries that agree on a single currency is known as the GCC - the Cooperation Council of Arab Gulf states. However, not all GCC member countries have decided to participate in the exchange project.