Arabs are increasingly relying on the US dollar to escape some of the economic repercussions of the Arab Spring. According to a study by New York's International Peace Institute, Egyptians and others are choosing to use dollars rather than their own currencies. Iraq's central bank says that its dollars are sustaining Syria's black market in currency, and in Libya, people line up at banks every morning to purchase dollars.
� 2012 Al Bawaba (www.albawaba.com)
Source: http://www.albawaba.com/news/arabs-increasingly-relying-us-dollar-412632
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