The lira has lost nearly 40% of its value against the dollar this year, hit by both the diplomatic rift and investor alarm.
QCB is committed to maintaining the stability of the Qatari riyal’s peg to the US dollar, said HE the Qatar Central Bank Governor Sheikh Abdulla bin Saoud al-Thani.
The Worldwide Cost of Living 2017 report saw Asian cities take five of the top ten spots, thanks to a sustained recovery in the strength of the Japanese yen.
Oil reached a 2016 high above $43 a barrel, supported by hopes that an upcoming meeting of oil producers will agree steps to tackle a supply glut.
Police in Pakistan arrested seven people and seized a huge amount of fake currency including US dollars and UAE dirhams during a raid on a factory in the eastern city of Lahore.
The chief executive of flydubai expects another difficult year for the low-cost carrier as tough economic conditions put pressure on yields.