December 6, 2017 / 12:12 AM / a year ago

MSCI to continue using onshore FX rates for Qatari riyal for now

DUBAI, Dec 5 (Reuters) - Equity index compiler MSCI will continue to use onshore foreign exchange rates to value Qatari stocks until further notice, instead of switching to offshore rates, MSCI said on Tuesday.

Two weeks ago, MSCI had said it would consider using offshore rates because economic sanctions against Doha had made it more difficult for foreign investors to obtain riyal onshore. (Reporting by Andrew Torchia Editing by Sandra Maler)

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