Saudi businessmen appear to be still in doubt about plans by their country and its Gulf neighbours to create a landmark monetary union on time despite approval of the project by their heads of state in late 2008.
According to an opinion poll conducted by a key Saudi bank, the majority of the business community does not see a full currency union materialising by 2012.
Most of the nearly 750 company managers and other national businessmen polled by the Saudi British Bank (Saab) also said they did not expect any imminent plans by the world's dominant oil supplier to revalue its currency, the riyal.
No comments:
Post a Comment