Qatar Central Bank says it has plenty of reserves to support riyal - The Peninsula Qatar

Qatar Central Bank says it has plenty of reserves to support riyal - The Peninsula Qatar:

"Qatar Central Bank has plenty of reserves with which it can support the riyal and achieve its monetary policy goals, Central Bank Governor H E Sheikh Abdullah bin Saud al-Thani said on Wednesday. Speaking at an international business conference, Sheikh Abdullah also said the economy remained strong despite the blockade of Qatar by four other Arab states, and that inflation was stable. Infrastructure projects will be completed on schedule, he added. A number of speakers at a panel discussion held on the sidelines of the sixth edition of Euromoney Qatar Conference, highlighted the measures taken by the Qatari government to support the development and growth of the economy, which gave it to ability to overcome the possible repercussions."



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