Euro / Qatari riyal

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Updated: 18 Jan, 3:10 pm UTC
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The Euro is the official currency of the European Union, and it is the second most widely held reserve currency in the world. It is used by investors and financial markets as a benchmark for pricing goods, services, and financial assets. The Euro is an attractive investment choice due to its stability and liquidity. Investors can use the Euro to diversify their portfolios, hedge against currency risk, and take advantage of its low cost of trading and transaction fees. The Euro is also used to facilitate cross-border transactions, allowing investors to make investments in multiple countries with a single currency. By having a single currency, investors can more easily diversify their portfolios and manage risk.