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Post by rocky on Wed 07 Jun 2017, 1:45 am

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Qatari Riyal decline against the dollar in the spot and futures markets
fell Qatari riyal against the US dollar in the spot and futures markets on Tuesday due to concerns about the economic impact on Qatar in the long term after Saudi Arabia and the United Arab Emirates broke off relations with them.
The total sale price of the dollar 3.6470 riyals in the spot market, the lowest level since June 2016 according to the data and connects the Central Bank of Qatar riyal at 3.64 riyals to the dollar and allow limited fluctuations around this level.
It was trading futures contracts in the maturity of the dollar against the low - riyal 275 points, compared with Monday 's close of 250 points and levels at around 180 basis points before the crisis broke new Aldblomaseh.oualemstoyat not so far indicate considerable pressure to reduce the value of the riyal peg with the dollar level. The futures involve one year maturity to reduce the value of the riyal, less than one percent over the next twelve months.

Data: slowing British consumer spending in May
showed new data slowing consumers in Britain spending last month with a sense of growing pressure caused by rising inflation, and two days of the vote on the survival of Prime Minister Theresa May in Alsulth.oozart official data for the first three of 2017 for months before retail sales volumes fell at the fastest pace since 2010 , while data show on Tuesday from the British retail Consortium and the company Barclaycard more than doubled.
The British Retail Consortium said total retail spending last month showed growth on an annual basis amounted to only 0.2 percent after recording a growth rate of 6.3 percent in April.
Excluding new stores, spending fell 0.4 percent in line largely with the average forecast of economists in a poll conducted by Reuters , compared with an average growth rate of 0.6 percent earlier in the year.
The consumer price inflation rose to 2.7 percent in April , its highest level since September 2013.
The company Barclaycard payments data to a slowdown in consumer spending last month. And went down spending growth on an annual basis to 2.8 percent , its lowest level since after the vote in favor of Britain 's exit from the European Union in a referendum in June 2016 , compared with 5.5 percent in April.

and the French Minister of Justice: End tax exemptions granted to Qatar
and the French Minister of Justice Francois Bayrou said on Tuesday that his country to end tax exemptions for transactions in real estate granted to countries including Qatar, a day after cutting a number of ties with the Doha Arab countries.
Former French President Nicolas Sarkozy was granted Qatari investors in 2008 tax exemptions on profits realized from the sale of properties in France , and since then the Qatari ruling family formed a portfolio of assets Hnak.oukal Bayrou TV BFM "when Nicolas Sarkozy is responsible, given France tax advantage of an incredible ... can this situation continue? I do not think so. I think it is very important that we have justice in France. "
During his election campaign this year , the current French president Emmanuel said he wants shifty to end the tax privileges granted to Qatar.
And cut off Saudi Arabia, Egypt , the United Arab Emirates and Bahrain on Monday relations with Qatar , which said that the procedure is based on lies about its support for Islamist militants.
He said shifty during the election campaign "will be very necessary with regard to Qatar and Saudi Arabia, with regard to external relations that there be full transparency on the role they play in funding or procedures that may they adopt with regard to terrorist groups that Taadina."

    Current date/time is Fri 25 May 2018, 7:48 am