Qatar prepared to ride out dollar weakness

by Natsuko Waki Friday, 25 January 2008

Qatar's energy minister said on Friday the dollar has fallen significantly and this has affected all energy producers.

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"The dollar lost a lot of value and energy worldwide is priced in dollars, so all the producers are affected by the development on the dollar.
"This is a cycle so we have to live with it," Abudulla Bin Hamad Al-Attiyah, who is also Deputy Prime Minister, told Reuters on the sidelines of the World Economic Forum. (Reuters)



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