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Qena
Most countries whose currencies are linked to the US dollar have lowered or increased their interest rates, in accordance with the decision of the Federal Reserve. In Qatar, the Qatari riyal has been tied to the US dollar at a fixed rate since 1980.
Most Gulf countries have reduced their interest rates in accordance with the decision of the Federal Reserve, while others have decided to keep rates unchanged.
The US Federal Reserve said yesterday in its statement that, given the impact of the global economic situation on the economic outlook and the pressures of silent inflation, the Open Market Committee has decided to bring back the target range. the federal interest rate at 2 and 2.25%. The decision to reduce interest rates supports his view that the continued growth of economic activity, the strength of the labor market and inflation close to the 2% target are the most likely, but remain uncertain about these expectations. The Central Bank of Qatar announced interest rate bank loans (QCBLR), 25 basis points 0.25%, Lee Bh 4.75%. The central bank announced yesterday in a statement that the decision to reduce the interest rate (bank lending rate) was based on local and international economic data.
The decision of the central bank of Qatar to reduce the bank's lending rates, according to the decision taken Wednesday by the US Federal Reserve, for the first time since 2008 (more than 10 years), reduces the bank's policy interest rate. day-to-day loan of A quarter of a 0.25% percentage point, in a range of 2% to 2.25%, versus 2.25% and 2.5%.
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