• Last Update 2024-07-22 14:20:00

Central Bank denies that banks stopped from accepting Qatari currency

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The Central Bank has categorically denied that it has informed banks not to accept Qatari Riyals.

Releasing a press release, the Central Bank said various media institutions had published reports stating that the Central Bank has informed banks not to accept Qatari Riyals.

Saudi Arabia, Bahrain, Egypt and the United Arab Emirates have detached ties to Qatar on Monday accusing it of supporting regional terror groups.

The move came weeks after President Trump visited Saudi Arabia and vowed to improve ties with both Riyadh and Cairo to combat regional terror groups.

See the CB press release

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