Two weeks ago, MSCI had said it would consider using offshore rates because economic sanctions against Qatar had made it more difficult for foreigners to obtain riyal onshore. Such a step could have reduced the weightings of Qatari stocks in MSCI's ...
more| 27 Nov 2017 05:17 | Aljazeera.com |
Khalid Alkhater from Qatar's central bank told Reuters on Monday that some Arab states are trying to destabilise Qatar's Riyal. Alkhater explained how the strategy has failed, and how it could backfire on the other dollar-linked currencies in the ...
more| 28 Aug 2017 04:56 | Financial Times |
S&P's decision to remove Qatar from negative credit watch offered little support to the country's currency on Monday, as the kingdom's decision to restore diplomatic ties with Iran raised fears that its diplomatic spat with its Gulf neighbours is ...
more| 23 Jun 2017 02:25 | Bloomberg |
Foreign investors are testing Qatar's currency peg with the riyal poised to complete a third week trading outside the central bank's preferred range.
moreThe Qatari riyal, which is pegged at 3.64 to the U.S. dollar, has moved slightly off the peg since the diplomatic crisis began on June 5, and is now quoted by banks offshore at around 3.67.
more| 13 Jun 2017 09:03 | The National |
The value of the Qatari riyal recovered slightly in trading after dipping to a 19-year low on Tuesday morning, but pressure on the currency continued to grow.
more| 13 Jun 2017 03:28 | Financial Times |
Pressure on Qatar's currency peg grew as the diplomatic crisis with its Gulf neighbours entered its second week, with the riyal falling to new 19-year lows despite the government's public commitment to defending the exchange rate. Qatar's central bank ...
more| 08 Jun 2017 09:37 | U.S. News & World Report |
The sources said banks in Qatar were asked to provide daily information on their foreign exchange trading, a daily statement of withdrawals and transfers from deposits worth at least 10million Saudi riyals ($2.7 million), and daily data oncash ...
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