The dollar eased slightly on Monday as investors gauged the implications of US President Joe Biden's decision to end his re-election campaign for the Presidential Elections in November 2024. The US currency slipped 0.08% to 157.38 yen early in the Asian day, while the euro gained 0.11% to $1.0895. The British pound gained 0.15% to $1.2931, and the Australian dollar added 0.08% to $0.6691. The Chinese yuan stabilized largely after the central bank's decision to reduce the key interest rate. The dollar stabilized at 7.2881 yuan in external transactions. Source: Qatar News Agency
Related Articles
GCC Commercial Arbitration Centre Contributes to Achieving Safe Investment Environment
Manama, Saleh bin Hamad Al Sharqi, Chairman of the Board of Directors of the GCC Commercial Arbitration Center, which the State of Qatar chairs its current session, affirmed that the Center, since its founding thirty years ago, has been working to cre…
Wall Street Journal: IT Unemployment Hits 6% Amid Overall US Jobs Growth
The unemployment rate for information-technology workers rose to 6% in August, up from 5.6% the prior month as the boom in artificial intelligence (AI) continued to drastically alter the tech landscape, the Wall Street Journal said.
In August, there …
Ooredoo Qatar, Seashore Group Sign Agreement on E-Waste Recycling
Doha: Ooredoo has inked an agreement with Seashore Group to boost sustainable management of electronic waste and joint commitment to environmental responsibility in Qatar.
Under the agreement, the two sides will enhance their partnership on e-waste d…