Doha, October 31 (QNA) – Qatar Central Bank (QCB) has increased the ceiling on QMR Deposits and the revised ceilings are the twice that of existing ones.
In a statement, QCB said that the decision is in continuation of the measures to achieve efficiency in monetary policy including its transmission, maintaining appropriate liquidity; and yields and interest rates being consistent with prevailing economic conditions.
The decision is applicable immediately and will be implemented until further announcement. (QNA)