01Jun2008 Paulson says dollar peg has served Mideast well (WP)

Washington Post, 01/06/2008

Henry Paulson, U.S. Treasury Secretary, has argued the dollar peg for currencies in the Gulf Arab countries had served Saudi Arabia and the other Arab Gulf states well. Saudi Finance Minister Ibrahim al-Assaf reaffirmed his commitment to the dollar peg and declared that the Kingdom had no intention of revaluing the Saudi riyal.

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