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Europe Daily Bulletin No. 9233

15 July 2006
Contents Publication in full By article 23 / 26
GENERAL NEWS / (eu) eu/euro/united arab emirates

14/07/2006 (Agence Europe) - In an interview with The Financial Times of 14 July, Sultan bin Nasser al-Suwaidi, Governor of the Central Bank of the United Arab Emirates, confirmed that his country has decided to keep 10% of its foreign currency reserves in euros in future. The timing for going from the dollar to the euro is still under discussion, he said, pointing out that this was a purely economic decision, taken after similar moves in other Gulf countries, and is in no way linked to the...

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