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...
by Asharq Al-Awsat | Oct 8, 2013 | Business
London, Asharq Al-Alwsat—Iran’s turbulent currency market has reacted cautiously but positively to Iranian president Hassan Rouhani’s recent visit to New York and his telephone conversation with his American counterpart, US president Barack Obama. Domestic media...
by Asharq Al-Awsat | Jul 9, 2013 | Business
London, Asharq Al-Awsat—Attempts by the Iranian government to reverse the collapsing value of the Iranian rial have led to serious impacts on the national healthcare system, leaving many Iranians struggling to pay for medicines in the wake of reforms to Iran’s subsidy...
by Asharq Al-Awsat | Jul 1, 2013 | Middle East
London, Asharq Al-Awsat—The Iranian rial has experienced a surge in value against foreign currencies in the wake of the election of Hassan Rouhani, while economists have criticized outgoing president Ahmadinejad’s final budget. Prior to the presidential election, held...
by Asharq Al-Awsat | May 2, 2013 | Business
Doha, Reuters—Five years ago, inflation in Qatar soared into the double digits after the tiny country spent heavily on hosting the 2006 Asian Games. Now, with another government spending spree and an even bigger sports event looming, inflation is on the rise again....
