QAR Market Update
25 Jul 2026 • 01:20 GMT
The Qatari riyal remains steady against the US dollar, trading near its three-month average of 0.2744. The currency has stayed within a narrow range, between 0.2730 and 0.2752, reflecting stability despite regional tensions. Recent news indicates that Iran's missile strikes on Qatar have heightened regional volatility, but due to the dollar peg at 3.64 QAR, the exchange rate has not experienced significant shifts so far.
Meanwhile, other major currencies have shown notable movements. The riyal has strengthened slightly against the euro, trading at about 0.2412, a 1.6% increase from its three-month average, and also moved higher against the Japanese yen, at 44.96, 2.3% above its average. These moves are influenced by broader USD strength and regional developments, but the peg helps keep QAR stability.
Given the current geopolitical situation and oil prices staying elevated, watch for potential volatility. However, for now, the QAR remains anchored, keeping daily rates stable within recent ranges.
📊 Quick forecast view
🟢 Mild upside
0.2740 – 0.2800
🌍 Global risk sentiment
🟢 Uptrend
