RE: Early signs that GCC countries could de-peg their currencies from US Dollar21 Apr 2022 22:50
Maybe: will the market demand a higher interest coupon than $ bonds, and then how will they trade compared to par value if they are sold without a guarantee of a $ peg? A free floating currency can damage popular support if it erodes local living standards that are needed for the local royalty to stay in power.
Another Arab Spring?