The riyal is currently pegged to the US dollar which is why it is suffering against the British Pound. Since Qatar has one of the fastest growing economies in the World does anyone know how I can find out if the currency will strengthen again against the pound?
2007-02-13 22:53:57 · 2 answers · asked by Alex 3 in Business & Finance ➔ Other - Business & Finance
You answered the Question for yourself. The riyal is currently pegged to the US dollar. The Finance Minister said in interview with some local news paper that the government will not break the pegged from the US dollar. So to find an answer for your question answer this Question Will the US Dollar strengthen against the British Pound?. when answer that u have ur answer.
2007-02-17 10:50:04 · answer #1 · answered by Qatar Falcon 3 · 0⤊ 0⤋
that is not any longer elementary to make certain the way it is going to come back in the close to destiny. With the creation of the euro it has meant overseas investors now have a spread of currencies in which to carry their reserves. besides the undeniable fact that, Europe & Japan have grow to be too expensive so there is continually a fashion.
2016-12-04 04:07:11 · answer #2 · answered by ? 4 · 0⤊ 0⤋