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 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.
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 the dollar, in which hydrocarbons export receipts are denominated, Economist Intelligence Unit (EIU) has said in a report.
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".
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 ...
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.
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.
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.
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.