Browse
related articles
Qatar central bank comfortable with interest rates
- Qatar: Wednesday, September 19 - 2012 at 09:33
Sheikh Abdullah bin Saud al-Thani, the governor of Qatar's central bank said he was "very comfortable" with current interest rates and is not concerned about hot money inflows, Reuters has reported. "Yes, I am very comfortable with interest rates," he told reporters on the sidelines of a financial conference in the Qatari capital. The central bank cut its overnight deposit rate by a combined 75 basis points in April and August 2011 to the current level of 0.75% to discourage banks from parking excess money at its accounts, support lending and bring the rate closer to its US benchmark.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
