Supporting the exchange market and the abundant flow of foreign currency
Qatar’s exchange market is characterized by stability and a steady flow of foreign currency, thanks to the monetary and banking policy adopted by the Qatari government.
Qatar’s exchange market is characterized by stability and a steady flow of foreign currency, thanks to the monetary and banking policy adopted by the Qatari government.
Qatar’s exchange market is characterized by stability and a steady flow of foreign currency, thanks to the monetary and banking policy adopted by the Qatari government to regulate the financial sector.
The Qatari Riyal (QAR) remains pegged to the US Dollar at a fixed rate of $1/QAR 3.64 to ensure that the Riyal can easily be converted into other currencies at any time.
Other currencies are subject to exchange rates determined by the rate of the Riyal against the Dollar, and the rates of these currencies against the Dollar in the global market.
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