DUBAI, June 9 Qatar's riyal fell further against the U.S. dollar in the offshore forwards market early on Friday because of concern about capital outflows due to the diplomatic crisis hitting the country. <\/p>\n
One-year dollar\/riyal forwards rose as high as 630 points, their highest level since December 2015, when a plunge of oil and gas prices caused concern about the viability of Gulf economies. In that month, the forwards peaked at 650 points. <\/p>\n
Five-year Qatar credit default swaps, used to hedge against the risk of a Qatari sovereign debt default, rose to 93.6 points from 90.1 late on Thursday. (Reporting by Andrew Torchia; Editing by Andrew Heavens) <\/p>\n
TORONTO, June 9 The foreign exchange options market is showing much less risk of a sharp drop in the Canadian dollar than before last November's U.S. election, which could spell bad news for speculators who have heavily shorted the underperforming currency. <\/p>\n
By Bruno Federowski SAO PAULO, June 9 Yields paid on Brazilian interest-rate future contracts slipped on Friday after annual inflation dipped to a 10-year low, spurring bets that the central bank would likely cut rates sharply next month. Rate-future yields reflected the perception of a nearly 90 percent probability that the bank would lower the benchmark Selic rate by 75 basis points to 9.5 percent at its July monetary policy meeting. Many investors unwound bets on <\/p>\n
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Qatar riyal falls further versus dollar in offshore forwards market - Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" DUBAI, June 9 Qatar's riyal fell further against the U.S. dollar in the offshore forwards market early on Friday because of concern about capital outflows due to the diplomatic crisis hitting the country. One-year dollar\/riyal forwards rose as high as 630 points, their highest level since December 2015, when a plunge of oil and gas prices caused concern about the viability of Gulf economies Continue reading