Doha: Qatar National Bank (QNB) has issued the latest exchange rates against the US Dollar, providing key insights into the current financial market. The rates, released on Sunday, reflect the buying and selling prices for various currencies as Qatar continues to be a significant player in the global economy.
According to Qatar News Agency, the exchange rates indicate that the Kuwaiti Dinar remains the most valuable currency against the US Dollar, with a buying rate of 11.74700 and a selling rate of 12.12000. The Bahraini Dinar follows closely, with buying and selling rates of 9.44600 and 9.80700, respectively. The QNB's report also details the rates for other major currencies, including the Euro, which is buying at 4.14290 and selling at 4.39480, and the Sterling Pound, with a buying rate of 4.77700 and a selling rate of 5.07710.
The report also highlights the exchange rates for regional currencies such as the A.E. Dirham, which is buying at 0.97800 and selling at 1.00100, and the Egyptian Pound, with a buying rate of 0.06120 and a selling rate of 0.07420. Among Asian currencies, the Indian Rupee is buying at 0.03740 and selling at 0.03990, while the Japanese Yen's buying and selling rates are 0.02230 and 0.02360, respectively. The Korean Won's selling rate is noted at 0.00290, with no buying rate provided.
These rates serve as a critical reference for businesses and individuals engaging in international transactions, as well as for investors monitoring currency market trends.