In a tweet, the Qatar Central Bank (QCB) has announced that based on the Council of Ministers' Decision No. (10) of 2022 Prohibiting the use of cash in transactions it is prohibited to use cash in transactions that exceed the value of QR 50,000 for the following trading outlets:

• Sale, purchase and rental of properties of all kinds and modifying it.
• Sale, purchase and rental of vehicles of all kinds and their distinctive numbers.
• Sale, purchase and rental of maritime transportation.
• Sale, purchase and rental of all precious metals, gemstones and jewellery.
• Sale, purchase and rental of camels, horses, livestock and falcons, whether single or flocks.

بناءً على قرار مجلس الوزراء يحظر استخدام النقد في المعاملات التالية متى جاوزت قيمتها خمسين ألف ريال.#مصرف_قطر_المركزي pic.twitter.com/1mjv7kOAj5

— مصرف قطر المركزي (@QCBQATAR) July 26, 2022

Source and cover image credit: QCB

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Vrinda Abilash

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