The dollar hung near a seven-month low on Tuesday on wagers the US central bank will start cutting interest rates from next month.
The dollar index, which measures the US currency against six rivals, touched its lowest since Jan. 2 of 101.82 on Tues…
China’s benchmark lending rates were held unchanged for August, after the central bank lowered them in July.
The one-year loan prime rate was kept steady at 3.35% and the five-year rate was held 3.85%, according to a statement from the People’s Bank …
Gold prices held above the $2,500 mark on Tuesday, buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last policy meeting for further cues on interest rate cuts.
Spot gold edged 0.1% higher to $2,…
Doha: The general index of Qatar Stock Exchange (QSE) edged lower by 0.05% at the start of trading on Monday, losing 4.87 points, down to the level of 10,407 points, compared to Sunday’s closing.
The index was weighed dawn by a decline in Banks and F…