Qatar Central Bank announced a 55 basis point cut to its benchmark interest rate on Wednesday. A QCB post on X said the move came following an assessment of the State of Qatar's current monetary policy, based on the Monetary Policy Committee decision on the monetary policy tools. The QCB's interest rates as of Thursday, Sep. 19, 2024 will run as follows: 5.20 percent for QCB Deposit Rate (QCBDR), 5.70 percent for QCB Lending Rate (QCBLR) and 5.45 percent for Repo Rate. Source: Qatar News Agency
Related Posts
Qatar Stock Exchange Index Closes Lower
Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading session down by 126.81 points, or 1.20 percent, ending at 10,463.68 points.
During the session, 214,852,542 shares were traded, with a total value of QR 491,551,195.441, in 15,395 …
QSE Index Rises 0.23 % at Start of Trading
Doha: The general index of Qatar Stock Exchange (QSE) rose 22.86 points, or 0.23%, at the beginning of trading on Sunday, reaching 9,984 points, compared to yesterday’s closing.
Figures from Qatar Stock Exchange showed a positive performance in Consu…
Statistics: Consumer Price Index Rise Last Month
Ramallah – Ma’an – The Palestinian Central Bureau of Statistics said that the consumer price index in Palestine recorded an increase of 1.72% during August 2024 compared to July 2024, by 1.96% in the Gaza Strip, 1.55%, and 1.32% in Jerusalem.
The sta…