Gulf Times - dollar-peg
Qatar’s dollar peg expected to hold on large FX reserves: Euler Hermes

Qatar’s dollar peg expected to hold on large FX reserves: Euler Hermes

Qatar’s dollar peg is expected to hold as the Qatar Central Bank has large foreign exchange (FX) reserves to support the currency, shows a recent economic update by credit insurer Euler Hermes.

Qatar's assets provide strong support to dollar peg: EIU

Qatar's assets provide strong support to dollar peg: EIU

Qatar Investment Authority’s assets provide “strong support” for the country’s currency peg to the dollar, EIU has said in its latest update.

Qatar’s dollar peg expected to hold firm: Report

Qatar’s dollar peg expected to hold firm: Report

The Qatari riyal's peg to the dollar is expected to hold firm as the country’s central bank has large foreign exchange (FX) reserves to support the currency, researcher Euler Hermes has said in a report.

Qatar has sufficient resources to support dollar peg: EIU

Qatar has sufficient resources to support dollar peg: EIU

All Gulf Cooperation Council countries peg their currencies to the US dollar, with the exception of Kuwait, which pegs its currency to a basket of currencies of which the US dollar is most dominant.

Gulf states unlikely to drop dollar peg: S&P

Gulf states unlikely to drop dollar peg: S&P

Gulf states are not expected to drop their long-term monetary link to the US dollar after the sharp drop in oil prices and fiscal reserves, Standard and Poor's said Tuesday.