Saudi Arabia Breaks Gulf Silence on Peg Seen Here to Stay

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  • Saudi Arabia, U.A.E. have fiscal strength to defend pegs
  • Smaller oil reserves, debt make Oman and Bahrain vulnerable

Low Oil Prices May Impact Saudi Arabia's FX Peg

Saudi Arabia’s pledge to maintain its dollar currency peg, amid oil’s slump to a six-year low, is likely to be followed by its smaller Gulf neighbors.

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