Sama chief to chair Gulf monetary council

31 March 2010

Muhammad al-Jasser, head of the Saudi Arabian Monetary Agency has been appointed as the first chairman of the Gulf monetary council, a forerunner for a regional central bank, Reuters has reported. Al-Jasser has said that the governor of Bahrain's Central Bank, Rasheed al-Maraj will be his deputy, both of whom will serve for one year.

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