The creation of a single GCC currency has become inevitable and its implementation is only a matter of time, Oman's central bank chief has been quoted as saying.
Serious measures are being studied to achieve it, the Saudi Arabian-owned Al Sharq al-Awsat newspaper quoted Hamood Sangour Al-Zadjali as saying, according to a Reuters report.
However, he said Oman is not one of the countries pushing for a common currency, he said.
The creation of a monetary union is on GCC agenda since 1980s.
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