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Saudi Arabia Says It Remains Committed to Dollar Peg

Wall Street Journal Original article ›

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The Saudi currency, Riyal, its peg to the U.S. dollar and the impact of oil prices below $40 in 2016

01/06/2016

A weakening Riyal and the prospect of a removal of the peg to the dollar is seen as a possible economic policy action by the Saudis. Conversion to local currency of dollars at a higher rate would help the economy but pose difficulties for firms and consumers with rising import prices.

Grouped Articles

Pressure Grows on Saudi Arabia to Ditch Dollar Peg

Wall Street Journal 01/06/2016

Oil Plunge Sparks Bankruptcy Concerns

Wall Street Journal 01/12/2016

Saudi Arabia Says It Remains Committed to Dollar Peg

Wall Street Journal 01/12/2016

Oil Prices at $30 Bend Nations, But Which Ones Could Break?

Wall Street Journal 01/13/2016

Saudi Arabia Keeps Pumping Oil, Despite Financial and Political Risks

New York Times 01/27/2016

Saudis Moving to Reduce Dependence on Oil Money

New York Times 04/01/2016


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