Category: Market

The dollar index, which measures the currency against six major peers, was last down 0.3%, on track for its sixth straight daily drop, its longest such streak since September 2021, after the Federal Reserve sounded close to calling time on interest rate hikes. The Euro jumped to its highest level in seven weeks against the dollar, recording $1.0930, while Sterling hovered near a seven-week high after data showed a surprise rise in British inflation on Wednesday. The Australian and New Zealand dollars rose 0.8% and 1% respectively. Dollar/yen, which closely follows US yields, fell 0.5% after earlier hitting a six-week low of 130.41. Real Estate Trading Volume Exceeds QR 359 Million Last Week

The volume of real estate trading in sales contracts registered in the Real Estate Registration Department at the Ministry of Justice from March 12 to 16, 2023 reached QR 359,090,529.The…