![The dirham' s peg to the dollar is hampering the UAE's monetary policy. Ryan Carter / The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/UEBQW7OKKTQB7RZFZG4UWOIJ7I.jpg?smart=true&auth=57c37e784daa25b1ca8ae22f302f24dc139f05872806b6c30a8e73eede4a968d&width=400&height=225)
The dirham' s peg to the dollar is hampering the UAE's monetary policy. Ryan Carter / The National
The dirham' s peg to the dollar is hampering the UAE's monetary policy. Ryan Carter / The National
Why GCC states should ditch the dollar peg and switch to a currency basket
Currency pegs to the dollar are no longer in the interest of regional economies