Étiqueté : manipulation

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Qatar asks US to probe financial manipulation by UAE

Qatar’s central bank has asked US regulators to investigate an Emirati bank that Doha accuses of waging « financial warfare » against it. Qatar claims NBAD Americas, the US subsidiary of First Abu Dhabi Bank (FAB), is engaging in « bogus » foreign exchange deals intended to undermine the Qatari riyal and harm its economy. FAB is the largest…