Comprehensive affects of a currency union are being anticipated and debated all over GCC. Positive news is that the central bankers of the GCC have consented on the merger standards required to produce a common currency targeted by 2010.
A quarterly survey report by HSBC has uncovered that one in two business people expect currency revaluation to have a ‘positive impact’ on organizations across the Gulf.
The existing trust in currency pegs vs the dollar is in all probability set to decrease until further clarity is provided. The potential of unstable exchange rates prevails, exposing companies to risk.
GCC Currency Forum 2008 is going to discuss:
- What is the role of Central Banks in putting in place the necessary regulatory, legal and institutional framework for the monetary union?
- How to tackle policy differences among Gulf nations?
- What are the barriers still hindering the development o government bond markets?
- How liberalized are the region’s banking systems?
- Will the banks buy or sell Gold in an unstable market?
- What are the drawbacks of a common market and how to overcome them?
- How to enhance the positive effects of a common monetary union?
Conversation is the inspiration for innovation, GCC Currency Forum 2008 sessions are designed to make you think, our conferences are designed to make you think together.
A panel of leading local and international presenters in this field has been specially gathered for GCC Currency Forum 2008. (insert space) These vastly knowledgeable and experienced speakers will take you through the various vital issues affecting the integration of fiscal horizons.
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