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May 20, 2024

Dollar Calm as Traders Await Clues on US Federal Reserve Meeting

The dollar was broadly steady on Monday as investors awaited further clues to help chart the US interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation shows signs of cooling.

The Japanese yen was flat at…

Exchange Rates in Qatar – 1 –

Moroccan Dirham N/A 0.39590 Malayasian Ringgit 0.73380 0.79270 Norwegian Krona 0.31640 0.37340 New Zealand Dollar 2.18990 2.31970 Omani Riyal 9.40000 9.64800 Philippine Peso 0.05850 0.06470 Pakistani Rupee N/A 0.01360 Saudi Riyal 0.96400 0.98600 Swedi…

Lesha Bank LLC Acquires Kazakh Bereke Bank

Doha: Lesha Bank LLC (Public) announced that it had signed a sale and purchase agreement with the Kazakh company Baiterek NMH JSC for the acquisition of the entire share capital of Bereke Bank in Kazakhstan at a price of 65 billion Kazakh Tenge, equiv…

Oil Prices Rise in Monday’s Trade

Oil prices extended gains on Monday, with Brent crude rising 10 cents, or 0.1%, to $84.08 a barrel, its highest since May 10.

US West Texas Intermediate (WTI) crude edged down 5 cents to $80.01 a barrel, after hitting the highest since May 1.

The Ju…