Saudi c.bank tells banks not to trade with Qatar banks in Qatari riyals -sources

By Kitco News / June 06, 2017 / www.kitco.com / Article Link

DUBAI, June 6 (Reuters) - Saudi Arabia's central bank has advised banks in the kingdom not to trade with Qatari banks in Qatari riyals, banking sources told Reuters on Tuesday.

The guidance from the central bank came on Monday evening, after Saudi Arabia, the United Arab Emirates and Bahrain severed diplomatic and transport ties with Doha, accusing it of supporting terrorism.

The Saudi central bank did not respond to a request for comment.


(Reporting by Davide Barbuscia and Hadeel Al Sayegh; Additional reporting by Katie Paul in Riyadh; Writing by Andrew Torchia)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities,securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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