Qatar central bank to launch interbank rate

Qatar

The Qatar Central Bank has teamed up with data provider Bloomberg to launch its own interbank rate, which will be called the Qatar interbank offer rate (Qibor). This move marks a first entry into the interbank market for Qatar, with the market set to start trading on May 6.

"Introducing Qibor will enhance transparency and promote liquidity. In establishing the first-ever benchmark interbank rate in Qatar, it was vital to work with Bloomberg as a partner with deep expertise and credibility in thi

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