Gulf Times - dollar
QIA to partner with Credit Suisse on multi-billion dollar direct private credit platform

QIA to partner with Credit Suisse on multi-billion dollar direct private credit platform

The Qatar Investment Authority (QIA) will partner with Credit Suisse Asset Management to form a multi-billion dollar direct private credit platform that will provide financing primarily in the form of secured ...

Gold hits record high on haven demand as markets rally sputters

Gold hits record high on haven demand as markets rally sputters

Gold hit a record high Monday as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus bill in Washington.

Stronger dollar supports Qatari riyal; very small chance of depegging: Oxford Economics

Stronger dollar supports Qatari riyal; very small chance of depegging: Oxford Economics

The stronger dollar has supported the pegged Qatari riyal, Oxford Economics said and noted there is only a “very small chance of depegging even if co-ordination over policy with other Gulf countries ...

Latest rate cut reaffirms Qatar’s commitment to maintain currency peg to dollar: EIU

Latest rate cut reaffirms Qatar’s commitment to maintain currency peg to dollar: EIU

Latest rate cut reaffirms Qatar’s commitment to maintain currency peg to the dollar, in which hydrocarbons export receipts are denominated, Economist Intelligence Unit (EIU) has said in a report.

China says US currency manipulator labelling could cause chaos in financial markets

China says US currency manipulator labelling could cause chaos in financial markets

China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and cause chaos in financial markets".

Dollar soars, kicking euro, sterling to multi-year lows

Dollar soars, kicking euro, sterling to multi-year lows

The US dollar climbed on Thursday after the Federal Reserve cut rates a day earlier but cautioned it was not necessarily the start of a cycle of monetary loosening, sending the euro to a 26-month low ...

India's rupee hits record low against the dollar

India's rupee hits record low against the dollar

India's rupee hit a new record low of 72 to the dollar on Thursday as emerging market currencies suffered more losses.

Indian rupee hits record low of 70 to the dollar

Indian rupee hits record low of 70 to the dollar

The rupee has been on a downward spiral throughout 2018 after starting the year at 63.67.

Iraq to respect dollar ban but not all US sanctions on Iran: PM

Iraq to respect dollar ban but not all US sanctions on Iran: PM

Iraqi Prime Minister Haider al-Abadi said on Monday his government was only committed to not using dollars in transactions with Iran, not to abiding with the full scope of US sanctions against the country.

Qatar reserves 'sufficient to maintain currency peg to dollar'

Qatar reserves 'sufficient to maintain currency peg to dollar'

The country’s economic diversification projects will "sustain robust growth" until 2030, before slowing thereafter, The Economist Intelligence Unit (EIU) has said in a recent report.

Gulf currency peg to dollar not under threat: IIF

Gulf currency peg to dollar not under threat: IIF

The longstanding fixed exchange parity of the Gulf currencies with the dollar is not under threat as the costs of de-pegging are "significant" in the short-term, according to the Institute of International Finance (IIF), an American economic think-tank.

Venezuela to sell oil in currencies other than dollar

Venezuela to sell oil in currencies other than dollar

Venezuelan President Nicolas Maduro announced Friday his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country.