Qatar central bank governor sees no need to change currency peg regime

Qatar has no need to change its currency peg regime despite concerns about rising inflation, the governor of the Gulf state's central bank said on Wednesday.

"I don’t think we’ll change our regime at this moment, there is no need," H E Sheikh Abdullah bin Saoud Al Thani said at an economic forum organised by Bloomberg. The Qatari riyal has been officially fixed at 3.64 to the dollar since 2001.