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Kuwaiti finance minister said Tuesday the Gulf Cooperation Council (GCC) monetary union pact has gone into effect during the current 30th GCC leaders’ summit in Kuwait City. Mustafa Al-Shamali said under the agreement, central bank governors of the bloc would hammer out the timetable for the establishment of a central bank that will be responsible for issue a unified currency. Founded in 1981 …
Early Glance: Finance companies (INO News)
(AP:NEW YORK) Shares of some top finance companies are down at 10 a.m.: Bank of America fell $.26 or 1.7 percent, to $15.37. Citigroup fell $.05 or 1.4 percent, to $3.65.
