Hmm,,, Apparently, We have some progress on unifying GCC currencies.
But is that a good thing?
I believe it would raise our land prices... like the Euro
And it would change prices of consumer goods.... like the Euro
AND it would lead to economic issues that havent been forseen... like the Euro (Germany?)
All in all though, if its going to be implemented like the article says it will be, and has proper people heading this initiative, I believe it would be a good move in the long run (for some reason, I have faith in this cause).
Time will tell? (I really should elaborate, but I just dont feel like it)
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7 comments:
Unified currency is really a good step, but S3audia doing this and this would not only harm the single currency, but the GCC unity as a whole.
I hope the unity stays bcoz the people benefit from it the most.
unifying would be good.
since when have we as arabs really been unified?
good progressive step.
I am allright with it as long as they call it the DIRHAM !
best regards, nice info
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