QCB says certificates of deposit mop up QR9.8bn (Gulf Times)
Story date: 2008-08-08 03:42:32
Added on: 2008-08-08 06:37:07
DUBAI: The Qatar Central Bank yesterday said it had issued QR9.8bn ($2.69bn) worth of certificates of deposit (CDs) to banks since March to mop up liquidity as the Gulf state fights near-record inflation.
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