Dollar Keeps Poise ahead of Fed Minutes

The dollar drifted sideways on Wednesday, giving some relief to the Japanese yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate outlook for the United States.

The dolla…

Qatar Central Bank Unveils Strategy for 2024-2030

Doha: In alignment with Qatar National Vision 2030 and the Third National Development Strategy, and in adherence to the Third Financial Sector Strategy, the Qatar Central Bank (QCB) launched on Wednesday its strategy for the period 2024-2030.

This p…

Oil Prices Steady in Asian Trading

Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals.

Brent crude futures rose 11 cents, or 0.14%, to $77.29 a barrel. US West …

China’s Central Bank Conducts Reverse Repos

China’s central bank conducted 61 billion yuan (about $8.64 billion) of seven-day reverse repos at an interest rate of 1.5% on Wednesday.

The central bank said that the move aims to keep liquidity in the banking system reasonable and ample, accordi…