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IPFS News Link • Economy - International

Fears of dollar collapse as Saudis take fright

10-6-2007 • Daily Telegraph

Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signaling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the

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Reported By Geoffrey Hayes

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Fears of dollar collapse as Saudis take fright

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