Saudi Arabia Quietly Halts Sale of Options Contracts On Riyal Forwards

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Saudi Arabia Quietly Halts Sale of Options Contracts On Riyal Forwards

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The oil rich kingdom is apparently worried crashing energy prices are driving speculators to bet against its ability to maintain the USD peg.

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michal.kreslik
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Re: Saudi Arabia Quietly Halts Sale of Options Contracts On Riyal Forwards

Post by michal.kreslik »

FYI - related article about currency pegs on Bloomberg:

http://www.bloombergview.com/quicktake/currency-pegs
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