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China’s Foreign Exchange Reserves Up 0.86%

China’s foreign exchange reserves totaled $3.3164 trillion at the end of September, up by $28.2 billion, or 0.86%, compared to the end of August.

China’s State Administration of Foreign Exchange said on Monday that the US dollar index declined, and g…

Oil Pares Gains after Strongest Weekly Rise in Over a Year

Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid rising geopolitical tensions.

Brent crude futures fell 43 cents, or 0.5%, to $77.62 per barrel. US West Texas Intermediate crude fu…

QCB Governor Meets Barclays Bank PLC President

Doha: HE Governor of Qatar Central Bank (QCB), Sheikh Bandar bin Mohammed bin Saoud Al-Thani met Monday with President of Barclays Bank PLC and Head of Investment Bank Management, Stephen Dainton.

During the meeting, the two sides discussed the key g…

Dollar Holds Gains Made on US Jobs Data

The dollar index measure against major peers was flat. It rose on Friday to a seven-week high, logging more than 2% gains for the week, its biggest in two years.

Japan’s yen fell to its lowest in nearly two months and other major currencies too were …