QCB has huge forex reserves to support riyal

Reuters DOHA: A dip by the Qatari riyal against the U.S. dollar in the spot and forwards markets on Tuesday is due to speculation, and Qatar has huge foreign exchange reserves which it can use to support its currency, a central bank official told Reuters on Tuesday. The official, declining to be named under briefing…

Forex reserves soar to a life-time high of $381 bn

Reserves have grown 5.8% since the beginning of the year, and have touched record levels four times since April   Forex reserves soar to a life-time high of $381 bn Reserves have grown 5.8% since the beginning of the year, and have touched record levels four times since April The central bank has been buying dollars…

FREE COPY of The 10 Keys to Successful Forex Trading Book?

How Do You Prefer to Receive Your FREE COPY of The 10 Keys to Successful Forex Trading Book? Over 20 years of Forex insight from Forex Veteran, Jared Martinez OR Send a Copy to Your Email You will receive your free copy to your inbox in just a few minutes. Send Get a Copy Right…

Nevermind the Brexit, UK will emerge with a good trade deal

Tomohiro Ohsumi | Bloomberg | Getty Images The British never wanted to be part of a German-dominated European federal super state. The exit from the EU will allow the U.K. to reclaim parts of national authority that its political elites ceded to unelected Brussels officials free of any meaningful democratic oversight. The scare-mongering about the…