"Banks have reignited the debate over whether Arabian Gulf states should peg their currencies at a fixed rate to the United States dollar, after remarks from Qatar's central bank suggesting some should examine alternatives.
Last week its director of research was quoted by Reuters as saying that Gulf states should consider a more flexible exchange rate.
But Qatar's central bank governor, Sheikh Abdullah bin Saud Al Thani, said the country planned no change to its peg to the dollar. However, as financial markets became more intertwined, such a move might be considered, he told the news agency."
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