Qatar's Central Bank Foreign Reserves Increased by 6.9 Percent

  • Doha, State of Qatar
  • 9 January 2024
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The foreign reserves of the Qatar Central Bank increased by the end of 2023 by 6.9 percent, reaching 245.928 billion riyals, compared to 230.026 billion riyals by the end of 2022.

Data issued by the Qatar Central Bank showed that the official foreign reserve increased by the end of last year, compared to the end of 2022, by about 14.977 billion riyals, to reach 187.069 billion riyals. While gold stocks increased by about 4.781 billion riyals, compared to 2022, to 24.372 billion riyals. Balances with foreign banks increased by about 8.346 billion riyals, to the level of 23.815 billion riyals at the end of last year, compared to 2022.

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

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