Persian Gulf Common Currency Plan Postponed, Awsat Reports

Dec. 18 (Bloomberg) -- The Gulf Cooperation Council’s plan for a single currency has been postponed indefinitely, Asharq Al-Awsat reported, citing Abdullah Al-Shebli, assistant secretary-general for economic affairs at the GCC Secretariat.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net