Category: Buying & Selling

Doha: In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Banks endeavor to regulate and develop the financial sector and enhance the FinTech ecosystem in the country, Qatar Central Bank has issued the “Distributed Ledger Technology (DLT) Guideline” aimed at regulating the use of DLT in the financial sector. By issuing this Guideline, Qatar Central

Doha: Rates against US Dollar as issued on Thursday by Qatar National Bank (QNB) are as following: Currency Buying Selling QAR 3.64000 3.64150 SAR 3.75130 3.75150 AED 3.67280 3.67320 BHD 0.37697 0.37701 KWD 0.30529 0.30589 GBP 1.28900 1.28970 EUR 1.08410 1.08450 CHF 0.88300 0.88310 JPY 152.41000 152.44000 GOLD 2374.87000 2375.25000 SILVER 27.91350 27.93350 Source: Qatar News Agency

Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP 1Ms 5.46374 -0.15000 1.09000 5.10000 2Ms 5.50228 -0.25000 1.13000 5.06000 3Ms 5.54082 -0.15000 1.09000 5.11000 6Ms 5.56729 -0.20000 1.10000 5.07000 12Ms -0.05000 1.00000 5.09000 QAR SAR AED BHD 1Ms 5.90000 5.59000 2.05000 6.00000 2Ms 5.95000 5.55000 2.15000 5.87000 3Ms

Moroccan Dirham N/A 0.39580 Malaysian Ringgit 0.73770 0.79660 Norwegian Krona 0.30530 0.36040 New Zealand Dollar 2.11660 2.24090 Omani Riyal 9.40100 9.64900 Philippine Peso 0.05810 0.06420 Pakistani Rupee N/A 0.01360 Saudi Riyal 0.96400 0.98500 Swedish Krona 0.31590 0.37160 Singapore Dollar 2.67480 2.79440 Tunisian Dinar N/A 1.26550 Turkish Lira 0.10100 0.12030 U.S.Dollar 3.63000 3.65000 Silver / USD 27.91350 27.93350 Gold / USD

Doha: Qatar National Bank (QNB) expects that the European Central Bank will implement two additional interest rate cuts, by 25 basis points, during the current year, as it continues to closely monitor price developments and labor market activity. QNB noted that despite the beginning of the easing cycle, there is still significant uncertainty about the pace of rate cuts going

US stocks ended higher at the end of the trading session on Wednesday. The S and P 500 added 56.93 points, or 1.02 percent, to 5,633.91. The Nasdaq Composite Index increased by 218.16 points, or 1.18 percent, to 18,647.45. The Dow Jones Industrial Average rose 429.39 points, or 1.09 percent, to 39,721.36. Source: Qatar News Agency