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single European currency
(redirected from Single currency)

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single European currency

Former name for the euro.
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Summary: Gulf Arab countries will discuss pegging their planned single currency to a basket instead of the US dollar, a Kuwaiti government official said on Tuesday, putting the greenback's regional status in question.
Gulf Countries to Discuss Single Currency Peg to Basket by UMCI News (Potomac Falls, VA)
The planned Gulf single currency is unlikely to be launched soon as "sufficient time" is needed for preparations, Kuwait's Finance Minister Mustafa al-Shamali said on Tuesday.
Gulf single currency not imminent: Kuwait minister by AFP / AFP Global Edition
KUWAIT CITY: Kuwait strongly backs the launch of the Gulf monetary union and single currency on time in January 2010, the undersecretray of the finance ministry said on Monday, a day after the ministry demanded a delay.
Kuwait restores support for Gulf currency in January by Times of Oman (Muscat, Oman)
 
 
 
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