Saudi central bank to head new Gulf monetary union

The mirror image dollar dress up will not stop for those that have concluded the fundamental need for dollar diversification.

The head of Saudi Arabia's central bank on Tuesday was named the first chairman of a council that will serve as the precursor to a regional central bank in the latest step toward a unified Gulf currency and greater economic integration.

No it will not. Soon the full purchasing power of the dollar will be restricted to domestic use only for an unsuspecting public.

Source: businessweek.com