IMF: Saudi Arabia's Dollar Peg Remains Appropriate

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

The exchange rate peg between Saudi Arabia's riyal and the US dollar remains appropriate given the country's current economic structure, according to a team of International Monetary Fund (IMF) staff who recently visited the kingdom.

Macroeconomics , Trade, Policy and Regulation
Wanda Ad #2 (article footer)
The heads of the IEA, ECB and EIB discussed how Europe can avoid falling behind its competitors in the transition to low-carbon energy.
Fri, Sep 29, 2023
State regulators have not identified what led to the highest-ever gas prices during February 2021's Winter Storm Uri, raising red flags about the upcoming winter.
Fri, Sep 29, 2023
Surging oil prices are complicating central banks’ action to rein in inflation without causing too much damage to the economy.
Thu, Sep 28, 2023