 | The GCC Monetary Union : Some Considerations for the Exchange Rate Regime Author/Editor: Behrouz Guerami, S Nuri Erbas, George T Abed. Release Date:April, 2003 We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quantitative evidence suggests basket peg more...
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