The heads of monetary agencies and central banks of the member states of the Gulf Cooperation Council (GCC) ended their 30th meeting in Abha today. Following the two-day session, Governor of the Saudi Arabian Monetary Agency (SAMA) Hamad Al-Sayyari reported that under discussion were coordination of exchange rate policies, with all GCC currencies pegged to the U.S. dollar; a unified payment system for all member states; and a network linking ATM services.

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