Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) increased by 0.75 percent year-on-year in August, reaching QAR 262.240 billion, compared to QAR 260.282 billion recorded during the same period last year.
Accord…
Doha: The dollar remained under pressure Monday despite rising expectations of a US interest rate hike, as tensions in the Middle East fueled concerns about widening inflationary pressures, potentially prompting central banks worldwide to tighten mone…
Doha: Gold held steady on Monday as market participants awaited key US inflation data due later this week for further clues on the Federal Reserve’s interest rate trajectory. Spot gold was almost unchanged at $4,424.40 per ounce, while US gold futures…
Doha: Qatar Central Bank (QCB) announced on Monday that it had joined AFAQ Payments System, operated by the Gulf Payments Company (GPC). This completes the participation of the central banks of all Gulf Cooperation Council (GCC) countries in the syste…