Gulf Times - foreign-exchange
Qatar’s foreign exchange reserves 'return close to pre-blockade level': QCB Governor

Qatar’s foreign exchange reserves 'return close to pre-blockade level': QCB Governor

Qatar’s official foreign exchange reserves have “returned close to the pre-blockade level” while the overall liquidity in the financial sector has stabilised ...

QCB foreign exchange reserves scale up to $49.4bn in January: QNB

QCB foreign exchange reserves scale up to $49.4bn in January: QNB

The Qatar Central Bank’s (QCB) foreign exchange reserves scaled up to $49.4bn in January from $49.3bn in December last year, a new report by QNB has shown.

QCB foreign exchange reserves top $47.4bn in October: QNB

QCB foreign exchange reserves top $47.4bn in October: QNB

The Qatar Central Bank’s foreign exchange reserves topped $47.4bn in October, a 2% increase month-on-month, a new report by QNB has shown. This, QNB said, equates to 8.5 months of import cover.

Surge in remittance outflow seen after strong dollar

Surge in remittance outflow seen after strong dollar

Month-on-month there was an almost 15% to 20% increase in remittance volume this August, a manager said.

Turkey not in crisis, will fight 'economic war', says Erdogan

Turkey not in crisis, will fight 'economic war', says Erdogan

The Turkish economy is not in a crisis or going bankrupt and the fluctuations in the foreign exchange rate are the 'missiles' of an economic war waged against Turkey, President Tayyip Erdogan said on Saturday.

QCB forex reserves rise 4.8% to $39.8bn in April: QNB

QCB forex reserves rise 4.8% to $39.8bn in April: QNB

Qatar’s exports grew 27.3% year-on-year in April and imports grew 3.1% y-o-y.

QCB forex reserves remain stable at $38bn: QNB

QCB forex reserves remain stable at $38bn: QNB

Qatar’s current account surplus widened to 6.4% of GDP in the fourth quarter in line with higher oil prices while the financial account deficit narrowed, the report said.

Qatar forex reserves rise to $37.7bn in January: QNB

Qatar forex reserves rise to $37.7bn in January: QNB

The report showed Qatar’s current account surplus widened to 5.3% of GDP in the third quarter (Q3) from 2.5% in the second quarter (Q2) while the deficit in the financial account narrowed.

Foreign buying interest drives QSE past 7,900 mark

Foreign buying interest drives QSE past 7,900 mark

The buying interest of foreign institutions and individuals on Monday steered the Qatar Stock Exchange to surpass the 7,900 level with ease.

Qatar can easily defend its currency peg on ample dollar liquidity: BMI

Qatar can easily defend its currency peg on ample dollar liquidity: BMI

Qatar, which can easily defend its foreign exchange peg with the greenback, has the ability to inject dollar liquidity in order to narrow the gap between the onshore and offshore currency rates, according to BMI, a Fitch company.

Dubai arrests Indian businessman for alleged fraud

Dubai arrests Indian businessman for alleged fraud

The Indian owner of a Dubai-based foreign exchange trading firm who had promised to double investors' money has been arrested in the emirate for suspected fraud, a newspaper reported on Tuesday.

Erdogan calls on Turks to convert forex into lira or gold

Erdogan calls on Turks to convert forex into lira or gold

President Tayyip Erdogan called on Turks to convert their foreign exchange into gold or the Turkish lira and said there was "no option" other than cutting interest rates to spur growth.