Middle-east Arab News Opinion | Asharq Al-awsat

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A Moody’s sign on the 7 World Trade Center tower is photographed in New York. REUTERS/Mike Segar

Moody’s Cuts its Outlook on Qatar to ‘Negative’

by Shuja Al-Baqmi | Jul 6, 2017 | Business

Riyadh- Ratings agency Moody’s has cut its outlook on the country’s sovereign credit to “negative” from “stable”, driven by the risks of economic and diplomatic boycotting that Doha is facing by the countries calling for fighting terrorism....

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A cashier counts Qatari riyal notes at a money changer in Doha May 28, 2013. REUTERS/Fadi Al-Assaad

Qatar Riyal Dips to Lowest Level since 2005

by Asharq Al-Awsat | Jun 19, 2017 | Business

London- Qatar’s riyal is being quoted weaker than its peg against the US dollar as Doha grapples with a diplomatic crisis, but that is the result of poor liquidity in the currency market. The Qatar’s riyal, officially fixed at 3.64 to the dollar since 2001, has...

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President Donald Trump shakes hands with Chinese President Xi Jinping as he arrives before dinner at Mar-a-Lago resort, in Palm Beach, Fla. AP

Washington to Scrutinize China’s Trade, Currency Practices Very Closely

by Asharq Al-Awsat | Apr 16, 2017 | Business

Washington – US President Donald Trump’s administration declined to name any major trading partner as a currency manipulator in a highly anticipated report on Friday, backing away from a key Trump campaign promise to slap such a label on China. The semi-annual...

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REUTERS photo

Turkish Lira Falls to Historic Low, Calls to Sell Dollars Fail to Reassure Investors

by Asharq Al-Awsat English | Jan 13, 2017 | Business

Turkey’s lira headed on Friday for its sharpest weekly fall since the repercussions of a failed coup last July, as the central bank’s endeavors to fix liquidity and calls from President Tayyip Erdogan for Turks to sell dollars did not succeed to reassure...

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Yemen’s Prime Minister Ahmed Obeid bin Daghr. Reuters.jpg

Yemeni Government to Asharq al-Awsat: End of Liquidity Crisis

by Badr Al-Qahtani | Jan 7, 2017 | Business

London – The three months of Yemeni government work have paid off, ending the liquidity crisis. Yemeni Prime Minister Ahmed Obeid bin Daghr stressed that his government has overcome all obstacles concerning the printing of the national currency, ending the...