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May 7, 2025


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Qatar National Bank Releases Foreign Exchange Rates Against US Dollar


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Doha: Qatar National Bank (QNB) has issued the latest foreign exchange rates against the US Dollar, providing current buying and selling rates for various currencies. According to Qatar News Agency, the rates released by QNB are as follows: The Qatari

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China to Reduce Reserve Requirement Ratio by 0.5%


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Beijing: China’s central bank announced Wednesday that it will cut the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions starting May 15. According to Qatar News Agency, financial institutions that have already implemented a 5-percent RRR will

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Lesha Bank Subsidiary Receives ‘In-Principle’ Approval from Saudi Capital Market Authority


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Doha: Lesha Bank, a public limited liability company, announced that its wholly-owned subsidiary, Lesha Capital, has received preliminary approval from the Saudi Capital Market Authority (CMA) to manage investments, operate funds, and provide advisory services. According to Qatar News Agency,

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China Announces 0.1% Reduction in Policy Rate to Boost Economy


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Doha: China’s central bank announced on Wednesday its decision to reduce the rate for seven-day reverse repos by 0.1 percentage points, effective from Thursday. This adjustment sets the rate at 1.4 percent as part of efforts to implement a moderately

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Dollar Steady Ahead of Fed Meeting as Asian Investors Exit US Assets


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Doha: The dollar remained stable on Wednesday in anticipation of the Federal Reserve’s meeting, which is set to decide on policy adjustments amid economic uncertainties. This stability in the U.S. currency occurs as significant investors from Asia continue to withdraw

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