Qatar money market still liquid despite Syria: QCB:
"Qatar’s central bank will continue draining the same amount from the money market through monthly Treasury bill auctions despite a recent drop in demand for them, its governor said yesterday, reports Reuters.
Geopolitical tensions over Syria and the possibility of a US military strike against Damascus have caused onshore liquidity in Qatar to tighten in the last several weeks, and the last two T-bill offers were barely subscribed.
But asked yesterday whether the central bank would keep draining QR4bn ($1.1bn) a month, HE Sheikh Abdullah bin Saud al-Thani said: “It is maintaining.”"
'via Blog this'
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