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Day: March 6, 2025

QNB Releases New Deposit Rates for Various Currencies

Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP 1M 4.31397 0.35000 0.12000 4.40000 2Ms 4.29992 0.06000 0.24000 4.44000 3Ms 4.28586 0.17000 0.20000 4.37000 6Ms 4.17565 0.13000 0.22000 …

Germany’s Deutsche Post to Cut 8,000 Jobs Citing High Costs

Berlin: German postal company Deutsche Post announced on Thursday that it will cut 8,000 jobs by the end of the year, citing high costs.

According to Qatar News Agency, the cuts will affect about 4% of the domestic letter and parcel division’s 187,0…

Turkiye’s Central Bank Cuts Interest Rate to 42.5 Percent

Ankara: The Turkish Central Bank on Thursday cut interest rates by 2.5 percentage points, days after announcing official statistics showing a slowdown in inflation that has eroded households’ purchasing power. The bank’s Monetary Policy Committee said…

ECB Cuts Interest Rates to 2.5 Percent

Doha: The European Central Bank (ECB) has decided to cut interest rates by 25 basis points, bringing the interest rate to 2.5 percent. The ECB explained, in a statement Thursday, that interest rates are still hindering growth despite their decline com…

Gold Price in Qatari Market Rises by 1.92% This Week

Doha: The price of gold in the Qatari market rose by 1.92 percent during the current week, reaching USD 2,920.32 per ounce, according to data issued by Qatar National Bank (QNB).

According to Qatar News Agency, the data showed that the price of gold…

Kuwaiti Oil Price Rises to USD 74.20 pb

Kuwait City: The Kuwaiti oil price rose by USD 1.01 to reach USD 74.20 per barrel (pb) on Thursday versus USD 73.19 on Wednesday, according to the prices announced by Kuwait Petroleum Corporation today.

According to Qatar News Agency, in internation…

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