Fluctuating Exchange Rates in Qatar Impact Currency and Commodity Markets

Doha: Exchange rates in Qatar have shown notable variations, affecting both currency transactions and commodity prices. As per the latest data, several currencies and precious metals have experienced shifts in their buy and sell rates.

According to Qatar News Agency, the Malaysian Ringgit’s buying and selling rates have been recorded at 0.80680 and 0.87170, respectively. The Norwegian Krona shows a range from 0.32650 to 0.38550, while the New Zealand Dollar stands between 2.13450 and 2.26020. In the case of the Omani Riyal, the rates vary from 9.40000 to 9.64900.

The Philippine Peso is trading between 0.06130 and 0.06780, and the Saudi Riyal shows a range from 0.96400 to 0.98500. The Swedish Krona has rates between 0.35370 and 0.41610, while the Singapore Dollar fluctuates from 2.77730 to 2.90020. The Turkish Lira is observed between 0.08620 and 0.10290.

For commodities, the U.S. Dollar is valued between 3.63000 and 3.65000. In precious metals, silver is trading from 32.89000 to 32.94000, gold is priced between 3398.60000 and 3399.30000, and platinum ranges from 985.55000 to 990.05000.

These variations in rates indicate ongoing changes in the financial landscape in Qatar, influencing both consumers and businesses dealing with foreign currencies and precious metals.