Category: General

QCB Issues Treasury Bills Worth QR500 Million

Qatar Central Bank (QCB) issued today treasury bills worth QR 500 million due on October 26, at an interest rate of 5.7550 percent.The QCB issued, during this October, treasury bills worth QR 1.5 billion in two tranches with different terms and interes…

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European Shares Drop 1%

European shares dropped nearly 1% on Thursday as a raft of dismal corporate earnings including from packaged food giant Nestle worsened an already risk-averse mood, driven by uncertainty over interest rates.The pan-European STOXX 600 was down 0.8%, hit…

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Dollar Stable ahead of Fed Chair Remarks

The dollar held firm against its peers on Thursday ahead of remarks by Federal Reserve Chair Powell as expectations grew that the U.S. central bank will keep rates higher for longer.The greenback had the yen still hovering around Wednesday’s two-week l…

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