Forex Pressures Raise Car Prices As Government Looks To Intervene

Car prices in Qatar are on the rise as a result of the euro and yen appreciating against the dollar-pegged riyal. Faced also with potential shortages of supplies from Japan and a government move to fix showroom prices, dealers are under pressure regarding their pricing policy, which at the moment is forcing them to remove discounts. However, market leader Toyota Motor has not yet increased prices, which should stand the company in good stead to maintain its

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