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globeandmail.com: Emirs take pity for now, as dollar days near their end

News Type: Event — Seeded on Sun Mar 23, 2008 10:47 AM EDT
Read ArticleArticle Source: The Globe and Mail
Seeded by headinthegame
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Hot news for investors: The United Arab Emirates will keep the dirham pegged to the U.S. dollar. If you think you can live without that news flash, there's more: The Emirates' central bank was "conceding to U.S. pressure," Bloomberg says, after U.S. embassy officials paid a visit to the UAE central bank governor to register their concern about reports that he was considering dropping the peg.

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