Qatar cbank governor: dollar peg is appropriate, doesn't see immediate need to change that policy

Qatar cbank governor: dollar peg is appropriate, doesn't see immediate need to change that policy
Representative Image Image Credit: Wikimedia Commons
  • Country:
  • Qatar

Qatar's currency's is pegged to the US dollar and the policy is appropriate for the country's economy, Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud al-Thani told a conference on Wednesday in Doha.

"We believe this policy is appropriate for Qatar's economy and we don't see an immediate need to change that policy," al-Thani said at the Qatar Economic Forum, organised by Bloomberg.

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