Il dollaro potrebbe sprofondare se l'OPEC ammette ufficialmente studiare la possibilità di cambiare la valutazione dell'olio in valute alternative quale l'euro, il saudito - il ministro straniero dell'Arabo ha avvertito.

Il principe Saud Al-Faisal era overheard l'eliminazione della proposta dell'Iran e del Venezuela per discutere la valutazione del grezzo in una riunione riservata al congresso del cartello dell'olio.

In un blunder embarrassing alla riunione in Riyadh, i microfoni dei ministri non sono stati tagliati nel corso di una riunione chiusa chiave ed il principe Al-Faisal era detto sentito: “La mia sensibilità è che la menzione pura che i paesi dell'OPEC stanno studiando l'emissione del dollaro in se sta andando avere un effetto che mette gli interessi in pericolo dei paesi. “There will be journalists who will seize on this point and we don’t want the dollar to collapse instead of doing something good for Opec.”

After around 40 minutes press officials cut off the feed, which had been accidentally broadcast to the press room.

Prince Al-Faisal added: “This is not new. We have done this in the past: decide to study something without putting down on paper that we are going to study it so that we avoid any implication that will bring adverse effects on our countries’ finances.”

Iran and Venezuela have argued that the meeting’s final communique should voice concern about the level of the dollar, which has recently fallen to new record lows against the euro. They are pushing for oil to be denominated against a basket of currencies.

The greenback also weakened slightly against the pound, although sterling’s own recent weakness has pushed it down from $2.10 to $2.0457 during the week.

Nigerian finance minister Shamsuddeen Usman said that Opec could declare in the communique that: “While underlining our concern for the continued depreciation of the dollar and its adverse impact on our revenues, we instruct our finance ministers to study the issue exhaustively and advise us on ways to safeguard the purchasing power of our revenues, of our members’ revenues.”

Chancellor Alistair Darling will today urge his fellow finance ministers at a major G20 summit to increase investment in oil production and refinement.

http://www.thebusiness.co.uk/news-and-analysis/358346/saudi-minister-warns-of-dollar-collapse.thtml

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