ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »New currency peg no panacea for Iceland
Iceland has provided a fascinating case study for economists. Now that it has impressively battled to restore economic and financial well-being, Finance Minister Benedikt Johannesson appears to be toying with a new experiment for the krona, the country’s currency. His thinking is being driven by the recent volatility of the exchange rate. But it also is informed by a ...
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