In a recent Vox column, Jeffery Frankel argued that the Gulf States should switch their currency pegs from the dollar to a basket that includes oil.
Peg the Export Price
Jeffrey Frankel, 29 July 2008
URL: http://www.cepr.org/pubs/PolicyInsights/CEPR_Policy_Insight_025.asp
Topics: Exchange rates
Tags: Commodity prices, currency pegs
Pegging the export price
The Editors, 29 July 2008
Topics: Exchange rates, Monetary policy
Tags: Commodity prices, currency pegs, exchange rates, monetary policy
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