Qatar Central Bank's Foreign Exchange reserves rose by 0.8 percent reaching a 15-month high in August 2018.
Foreign reserves rose y-o-y by 17.3% in August from 141.8 billion riyals ($ 39 billion), accounting for 166.4 billion riyals ($ 45.7 billion) in August 2018, as compared to 165.1 billion riyals ($ 45.3 billion) in July 2018.
In parallel, total domestic liquidity (money supply M2) in the Qatari banking system increased by 4% to reach QAR 581.4 billion in August compared to QAR 559 billion in the corresponding month of last year, while it decreased by 1.1% on a monthly basis.
On the other hand, the statistics of Qatar Chamber of Commerce revealed a record increase in non-oil exports in July, reaching about 100.3 percent compared to the same month last year.
Source (CNBC Arabia, Edited)
