Fed cuts may lead to Qatari de-peg
On January 30 Qatari government officials were reportedly considering a currency revaluation, or linking the riyal to a trade-weighted basket of currencies to help ease inflation.
Simon Derrick, head of currency research at Bank of New York Mellon in London, said that although he was cautious of reading too much into the comments, they held no surprise. "The pressures towards at least considering the issue have only risen this week. At 14% inflation it's just about the last thing you want if you
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