Qatar said on Monday it has filed three lawsuits in London and New York against two Saudi and UAE banks, and the Luxembourg-based Banque Havilland for allegedly plotting to undermine its currency and bonds.
Qatar’s foreign exchange reserves gained 1.7% month-on-month (m-o-m) to reach $46.5bn in September, QNB has said in its latest ‘Qatar Monthly Monitor.’
Turkey's central bank on Thursday surprised markets with a bigger than expected rate hike to battle soaring inflation and boost the lira, prompting the embattled currency to surge in value.
President Recep Tayyip Erdogan said Turkey's partnership with the United States may be in jeopardy as ties strain, warning Ankara could start looking for new allies ...
The Bank of England, battling Brexit-fuelled inflation rises, is set Thursday to lift its key interest rate for the first time since 2007, according to analysts.
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.
Sudanese security agents have detained dozens of foreign exchange dealers for black market trading, as the authorities struggle to curb speculation against the pound, brokers said on Thursday.
The Malaysian ringgit led a rally in emerging market currencies Thursday as a surge in oil prices injected traders with confidence while minutes from the Federal Reserve suggested it will not hike interest rates for some time.