Khan, Mohsin S. - Peter G. Peterson Institute for International Economics … - 2009
alternative exchange rate regimes for the GCC. These include continued use of a dollar peg, a peg to a basket of currencies such … as the SDR or simply the dollar and euro, a peg to the export price of oil, and a managed floating exchange rate. In … in trade, services, and asset markets makes a higher degree of exchange rate flexibility desirable in the future …