Qatar: Foreign Reserves Jump by 12.5 percent

  • Doha, State of Qatar
  • 8 May 2023
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In April, the Qatar Central Bank's international reserves and foreign currency liquidity jumped by 12.51 percent to 237.095 billion riyals ($65.1 billion), compared to 210.716 billion riyals in the same month last year.

The monthly survey issued by the Central Bank showed an increase in official reserves by about 25.486 billion riyals, to reach 178.885 billion riyals, driven by the increase in the central bank's balances of bonds and foreign treasury bills by about 16.685 billion riyals, to the level of 136.389 billion riyals in April 2023.

Source (Al-Araby Al-Jadeed Newspaper, Edited)

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