Mon, Apr 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Qatar currency forwards hit three-year high

Posted on 06 September 2013

Qatar’s one-year currency forwards jumped to a three-year high yesterday and yields rose at a weakly-supported debt auction as foreign investors responded to concerns about Syria by cutting exposure to the Gulf Arab region.
One-year riyal forwards rose as high as 160 points bid yesterday from Wednesday’s close of 115, traders said. That suggested a 0.4 percent weakening of the riyal from its peg of 3.64 to the dollar over a one-year period………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930