The dollar consolidated against other major currencies on Monday as traders waited for US inflation data that could help determine whether the Federal Reserve could lower borrowing costs in 2024. The dollar index, which measures the US currency against a basket of six others, was little changed at 105.31, following its first weekly rise in three weeks last week. The dollar was holding at 155.80 yen, after touching its highest since May 2 at 155.965. The euro was also little changes at $1.0795, while sterling was flat at $1.2522 before labor market data on Tuesday. China's offshore yuan eased 0.1% to 7.2412 while the onshore yuan fell to its lowest since April 30 at 7.2414. Source: Qatar News Agency
Related Posts
The New Headquarters of the Residence Affairs Court Inaugurated
The new headquarters of the Residence Affairs Court and Prosecution opened, next to the Research and Follow-up Department building. The new headquarters was established in co-operation between the Supreme Judiciary Council (SJC), the Public Prosecutio…
Chairperson of QT Reveals Intention to Develop Strategy, Regulations
Doha: HE Chairperson of Qatar Tourism (QT) Saad bin Ali bin Saad Al Kharji announced that Qatar Tourism intends develop its strategy and regulations to enable the private sector to increase growth in the tourism sector and attract tourists.
Speaking…
Arbitration Seminar at Qatar Chamber Discusses Resolving Subcontractor Disputes
Doha, The Qatar International Centre for Conciliation and Arbitration (QICCA) at Qatar Chamber hosted a seminar titled ‘How Subcontractors Can Advance Their Claims Against the Main Contractor and the Employer. The seminar aimed to review various topic…