Qatar Central Bank
Qatar keeps its riyal pegged at a fixed rate to the dollar like most of its Gulf neighbours.
IMF assistant director predicted Qatar’s non-oil growth to decline to 4.6 percent in 2017, from 5.6 percent in 2016.
Qatar’s GDP growth is forecasted by Fitch to fall to 2 percent in 2017, 1.3 percent in fiscal year 2018/19, down from 2.2 percent in 2016.
Arab boycott of Qatar will increase banks' financing costs in the international debt markets, Fitch said.
Qatar’s foreign deposits continued to fall in July as they dropped eight percent to record $43 billion, the Central Bank said.
Qatar’s foreign deposits continued to decline in July as it fell eight percent to record $43 billion, Qatar Central Bank (QCB) announced Monday.
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