Gulf Arab central bankers will face pressure at a meeting this week to specify an alternative timetable for rolling out a single currency as markets become increasingly sceptical about the project's viability.
The Gulf Cooperation Council (GCC) last month gave its first official acknowledgement that issuing common notes and coins will take longer than the 2010 target agreed on eight years ago.
However, as regional policymakers focus on the more pressing concern of shoring up their economies and banks against the global financial crisis, some analysts wonder if the project could be left to languish for many more years.
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