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UK Inflation Reaches Five-Month High at 3.1% in August

Doha: UK inflation accelerated to a five-month high of 3.1% in August from 2.9% in July, driven largely by higher motor fuel and airfares, official data showed on Wednesday, putting inflation further above the Bank of England’s 2% target.

According …

Qatar Central Bank Increases Interest Rates by 25 Basis Points

Doha: The Qatar Central Bank announced today an increase in its deposit interest rate (QCBDR) by 25 basis points to 4.10 percent, following an assessment of the State of Qatar’s current monetary policy.

According to Qatar News Agency, the Monetary P…