Qatar's market manipulation fears fueled by 'abnormal' derivative moves: bank CEO

Qatar's market manipulation fears fueled by 'abnormal' derivative moves: bank CEO:

"Qatar’s top bank QNB QNBK.QA is helping the country’s authorities with data and expertise to probe if Qatar’s neighbors manipulated its markets, including credit default swaps (CDS), during a political standoff last year, its CEO told Reuters.

Qatar’s central bank said in December it had launched a legal investigation into attempts by countries opposed to it to harm the Qatari economy by manipulating the currency, securities and derivatives markets.

Qatar National Bank (QNB) Chief Executive Ali Ahmed al-Kuwari said in an interview there had been unusual moves in Qatari CDS late last year. "



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