Blogs about: Riyal
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Dollar peg will not help inflation
According to U.S. Treasury Secretary Henry Paulson abandoning the Gulf’s currency pegs to the dollar will not solve their vexing inflation problems. Speaking to reporters on his plane from Qatar… more →
Charts & Numbers
Imperial Decline 10 -OPEC, SAMA, Saudis and Ecuador
Observer wrote 2 weeks ago: A spot of current affairs. The fate of the dollar is very much linked to its’ use in the oil … more →
Oil Prices hover around 70$ a barrel
digitalbakala wrote 3 months ago: I came across an article discussing the current price of oil near 70$ a barrel. Click here to read t … more →
Counterfeit Encounter: My fake 50 riyal bill story
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Pepe wrote 10 months ago: I heard about the story of a Filipino expat named Ryan Torres Anievas, 29, working in Rabigh here i … more →
Dollar peg will not help inflation
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mylastresort wrote 1 year ago: According to U.S. Treasury Secretary Henry Paulson abandoning the Gulf’s currency pegs to the … more →
Week one in Qatar (Arabic: قطر ; local pronunciation: giṭar)
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iamsterling wrote 1 year ago: After a 13 hour flight from Washington D.C. I arrived in Doha, Qatar at 6:50 p.m., Thursday, April 1 … more →
Oman inflation figures
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mylastresort wrote 1 year ago: Omani inflation has shown that the annual inflation rate has increased, in February, to 11.11% from … more →
Single Currency: The biggest influence, Saudi Arabia
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mylastresort wrote 1 year ago: I view the Gulf countries as each dealing with their own dilemma regarding the unified currency, but … more →
Final day of Gulf Arab meetings
mylastresort wrote 1 year ago: Since today is the last day of the highly anticipated meeting of the Gulf Arab states many rumors ha … more →
Gulf currency reform meeting today
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mylastresort wrote 1 year ago: The Gulf central bank governers last meeting was six months ago. In the meeting the governers decide … more →
Gulf Arab inflation expected at 8% in 2008
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mylastresort wrote 1 year ago: The International Monetary Fund (IMF) has stated that it expected the average Gulf Arab inflation le … more →
Mandatory Qatarization in one year
mylastresort wrote 1 year ago: Qatar has just announced a plan to private and public sector firms with a directive to nationalise 2 … more →
Record setting Saudi inflation report, more cuts in Qatar
mylastresort wrote 1 year ago: According to the central department of statistics in Riyadh, annual inflation in Saudi Arabia has su … more →
US Fed slashes rates, Gulf to follow
mylastresort wrote 1 year ago: US Fed lowers interest rates by 75 basis points (.75%). Gulf countries pegged to the US dollar must … more →
"We are fixed against the dollar" - Qatar
mylastresort wrote 1 year ago: Inline with todays reports of the US lower interest rates Qatar’s Central Bank Governer has ta … more →
US Federal Reserve rate cut rumors
mylastresort wrote 1 year ago: Rumors are going around that the U.S. Federal Reserve will be cutting rates by 100 basis points (or … more →
Kuwaiti Dinar at record high
mylastresort wrote 1 year ago: The Kuwaiti Dinar is at a record high against the Dollar. Kuwait let its Dinar sharply rise for the … more →
the race to revalue has begun...
mylastresort wrote 1 year ago: Qatar is considering dropping its dollar peg as previously noted last week. The prime minister is ho … more →
The decline of the USD. Will Saudi Arabia unpeg their Riyal (SAR) currency from the USD?
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Adrian wrote 2 years ago: The US Federal Reserve on September 18th cut a huge chunk out of the short term interest rate, dropp … more →
