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Are Asian Leaving QATAR due to low currency value and high cost of living
Lot of my friends from India have either left the job in Qatar or planning to leave for good, Due to the low value of currency conversion rate that are being offered for Qatari riyal. They find it better to return to their country and start off with various new alternatives that are being offered back home.
Need to know, will the value of Qatar Riyal keep going low as compared to INR What should be the currency value when we have to take decision to leave QATAR for good. Most of you might think this is the right time, but a sensible thought to this will advise us the best retirement value from QATAR.
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hridhaymanchakal said
Gulf times 01 Nov 2007 ... ...Hi everyone
Think the below news today will accelerate the departure of many families out of QATAR
Dollar drops to record low after Fed rate cut
NEW YORK: The dollar fell to a record low against the euro yesterday after the Federal Reserve cut its benchmark interest rate by a quarter percentage point and said the pace of US economic growth will slow this year.
Sandy_qa said
Now the time to De-Peg Riyal with USD ...Now the time to De-Peg Riyal with USD. Qatar govt. should start thinking towards it, otherwise they will finf difficulty in not only finding but keeping quality work force.
No Gain without Pain