Qatar Central Bank

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Qatar Central Bank's office in Doha.

The Qatar Central Bank (Arabic: مصرف قطر المركزي) is the central bank of Qatar.

The Qatar Central Bank was originally the Qatar Monetary Agency (and was known before that as Qatar Dubai Currency Board), founded on May 13, 1973 after Dubai joined the United Arab Emirates[1] and disengaged itself from British monetary policy which the area had previously followed.[2] On August 5, 1993, it became the Qatar Central Bank.[3]

Over its history the Qatar Central Bank has increasingly worked in association with other, larger central banks to achieve a stable currency for the country, most recently and notably with the Monetary Authority of Singapore.[4]

See also

References

  1. ^ "History". Qatar Central Bank. Retrieved 12 September 2015.
  2. ^ Fahad Faisal Al-Thani. "Monetary policy in Qatar and Qatar's attitude towards the proposed single currency for the Gulf Cooperation Council" (PDF). bis.org.
  3. ^ Peter Symes (2000). "The Banknotes of Qatar". International Bank Note Society Journal.
  4. ^ "MAS signs deal with Qatar Central Bank". Monetary Authority of Singapore. 7 May 2009. Archived from the original on 12 September 2015. {{cite web}}: |archive-date= / |archive-url= timestamp mismatch; 22 February 2012 suggested (help)

External links