PPRuNe Forums - View Single Post - Middle East salaries
View Single Post
Old 4th Oct 2007, 16:01
  #141 (permalink)  
Quokka
 
Join Date: May 2003
Location: Golden Road to Samarkand
Posts: 443
Likes: 0
Received 0 Likes on 0 Posts
...and there is always the possibility that the remaining AGCC countries will relinquish their peg to the USD. More speculation and discussion on CNBC yesterday about ME countries unpegging. It's not impossible that it could happen, and with the current economic expansion in the region, consider what the value of that 40,000 might become if ever the peg was removed...
Quokka is offline