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Category: Industry

European Stocks Close Higher

European stock closed higher on Monday at the end of trading, boosted by the technology sector and China-exposed industrials on Beijing’s measures to aid its ailing stock market.The pan-European STOXX 600 closed 0.9 percent higher, with technology sto…

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Exchange Rates in Qatar

Exchange Rates for foreign currencies as issued on Tuesday by Qatar National Bank (QNB) are as following: Currency Buying Selling ————————————————— A.E.Dirham 0.97800 0.99700 Australian Dollar 2.31690 2.43200 Bahraini…

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Dollar Hits Nine-Month High Against Yen

The dollar edged up to a nine-month high against the Japanese yen on Monday but dipped against a basket of currencies.The dollar hit 146.685 Japanese yen, the highest since Nov. 9.The dollar index, which measures the U.S. currency against six others, …

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German Economy to Shrink by Up to 0.5% in 2023

The Institute of the German Economy (IW) expects a decline in Germany’s real gross domestic product (GDP) of up to 0.5% for 2023, as a result of high interest rates, inflated energy prices and weak exports paralyzing the German economy.In its new repo…

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