"A statement on foreign exchange policy by Qatar's central bank governor has struck a nerve in financial markets across the Gulf, reminding investors that decades of currency stability will not last forever.
Five of the six oil exporters in the Gulf Cooperation Council (GCC) - Saudi Arabia, the United Arab Emirates, Qatar, Oman and Bahrain - fix their currencies against the U.S. dollar under arrangements dating back as far as the 1970s.
But late last month, Qatar central bank chief Sheikh Abdullah bin Saud al-Thani suggested economic trends might eventually push Qatar into allowing its currency to fluctuate."
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