Market

Dollar Falls, Euro Jumps, as Trump Relents on EU Tariff Threat

New York: The US dollar index, which tracks the currency against six major rivals, sank 0.3% to 98.813, while the euro jumped along with risk-sensitive currencies like the Australian dollar on Monday after President Donald Trump backed down from threa…

Gold Prices Dip after US Delays EU Tariff Deadline

Doha: Gold prices slipped from a two-week high on Monday after US President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50% tariff from June 1. Spot gold was down 0.5% at $3,339.13 an…

Qatar National Bank Releases Currency and Precious Metals Rates

Doha: Rates against the US Dollar as issued on Monday by Qatar National Bank (QNB) are as follows: The Qatari Riyal (QAR) is being bought at 3.64000 and sold at 3.64150. The Saudi Riyal (SAR) has a buying rate of 3.75050 and a selling rate of 3.75070….