Many banks and foreign exchange companies outside of Qatar are now refusing to buy Qatari riyals, according to Doha News.
The refusal has put many people in trouble.
The refusal to exchange Qatari currency comes after international credit rating agencies lowered Qatar’s credit rating and put it on “negative watch” amid an ongoing Gulf dispute.
Saudi Arabia, the UAE and Bahrain cut diplomatic ties with Qatar on June 12 and imposed air, sea and land border blockade.
Egypt, Yemen and Maldives also cut diplomatic relation with Qatar.
Several Qatari residents travelling in Europe, the US and Asia have contacted Doha News saying they have been unable to exchange Qatari currency in the countries they were visiting.
However, not all banks in all countries are affected. Exchanges in Jordan and Lebanon, for example, are still operating normally.
