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Exchange Rates in Qatar -1-

Moroccan Dirham N/A 0.39820 Malaysian Ringgit 0.80190 0.86640 Norwegian Krona 0.31190 0.36810 New Zealand Dollar 2.16880 2.29730 Omani Riyal 9.40100 9.65000 Philippine Peso 0.05880 0.06510 Pakistani Rupee N/A 0.01360 Saudi Riyal 0.96300 0.98400 Swedis…

S. Korea: ICT Exports Rise on Semiconductors

South Korea’s exports of information and communication technology (ICT) products rose for the 11th consecutive month in September, driven by record sales of semiconductors.

Outbound shipments of ICT products came to USD 22.4 billion last month, up 24…

China Unveils Measures to Boost Financing for Businesses

China will step up financing support for enterprises by incorporating quality credibility into lending decisions, said Luo Wen, head of the State Administration for Market Regulation on Monday.

Financial institutions will factor in a company’s qualit…

Deposit Rates in Qatar

Doha: Deposit rates at opening as issued on Wednesday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP 1M 4.78385 -0.15000 0.67000 4.83000 2Ms 4.71565 -0.20000 0.77000 4.78000 3Ms 4.64745 -0.30000 0.78000 4.75000 6Ms 4.44266 -0.20000 0.5…

Spot Value in Qatar

Doha: Rates against US Dollar as issued on Wednesday by Qatar National Bank (QNB) are as following: Currency Buying Selling QAR 3.64000 3.64150 SAR 3.75420 3.75440 AED 3.67240 3.67340 BHD 0.37699 0.37703 KWD 0.30620 0.30710 GBP 1.30730 1.30740 EUR 1.0…

Gold Eases as Dollar Strengthens; Traders Eye Fed Cues

Gold prices drifted lower on Monday as the US dollar strengthened, while market participants awaited fresh cues on the Federal Reserve’s monetary policy path.

Spot gold fell 0.4% to $2,646.75 per ounce after rising 1% in the previous session. US gold…

QSE Index Rises 0.05% at Start of Trading

Doha: The Qatar Stock Exchange (QSE) index rose slightly at the beginning of Monday’s trading, increasing by 0.05%, adding 5.08 points to reach the level of 10,498 points, compared to the closing of yesterday’s session.

According to figures released …

Dollar Holds Gains amid Focus on China’s Stimulus Plans

The dollar held onto its gains and even extended some in Asian trading on Monday as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention.

The dollar index was just ab…

Oil prices fall amid demand concerns

Oil prices fell more than $1 per barrel, losing more than 1.5 % in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on China’s economic stimulus plans, which raised concerns about demand.

Brent crude futures f…

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