The Central Bank of Qatar increased its deposit, lending and
repo rates by 25 bps to 5.25%, 5.75% and 5.5%, respectively.
(Reporting by Yomna Ehab in Cairo; Writing by Yousef Saba in
Dubai)
March 22 (Reuters) - Qatar's central bank said on
Wednesday it was raising its interest rates by 25 basis points
effective on Thursday, following the U.S. Federal Reserve's hike
of the same size, as the Qatari riyal is pegged to the dollar.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.