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Establishing Conversion Values for New Currency Unions : Method and Application to the planned Gulf Cooperation Council (GCC) Currency Union

Author/Editor: Bassem Kamar, Jean-Etienne Carlotti, Russell C. Krueger.

Release Date:August, 2009

A key issue in creating a new currency union is setting the rates to convert national currencies into the new union currency. Planned unions in the Gulf region and Africa are seeking methods to set more...



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