EFTA Document EFTA01379414

22 December 2017 EM Currency Handbook 2018: Still Fuel in the Tank Qatar The Qatari rival was introduced in 1966. The currency was initially used by both Qatar and Dubai until Dubai entered UAE in 1973. In 1975, the riyal was pegged to the IMF's Special Drawing Rights (SDRs), but effectively the currency has been fixed to the dollar at 3.64 since 1980. The peg to the dollar was formalised in 2001. Qatar is a member of the Gulf Cooperation Council (GCC) and remains committed to a common