The dollar recovered some lost ground on Monday while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September. The onshore yuan was last 0.3 percent weaker at 7.1117 per dollar, while its offshore counterpart eased 0.27 percent to 7.1142. The yen was 0.44 percent lower at 142.92 per dollar. The euro slipped 0.1 percent to $1.1075, while sterling fell 0.08 percent to $1.3119. Against a basket of currencies, the dollar edged up 0.13 percent to 101.33. In other currencies, the Australian dollar advanced 0.04 percent to $0.6673, after having fallen more than 1 percent and touching a roughly three-week low on Friday. The New Zealand dollar fell 0.13 percent to $0.6167, languishing near Friday's two-week trough. Source: Qatar News Agency
Related Posts
Qatari-Chinese Business Forum Discusses Investment Opportunities -1
For his part, Commercial Attache of the People’s Republic of China to the State Shen Yu said in a speech during the Qatari-Chinese Business Forum, that the past decade has witnessed the rapid development of Qatari-Chinese relations, noting that over t…
Kuwait Bourse Closes Higher
Kuwait Bourse closed Thursday trading as the All Share Index gained 2.35 points to reach 7,048.23 points, an increase of 0.03 percent.
As many as 399.6 million shares valued at KWD 64.5 million (roughly USD 196.7 million) were traded via 19,798 trans…
QSE General Index Closes 1.12 Percent Lower
The general index of the Qatar Stock Exchange (QSE) closed Wednesday at 10,983.36 points, down by 1.12 percent.During today’s session, 199,352,843 shares were traded, with a value of QR 438,978,418.212, as a result of the implementation of 14,906 tran…