Qatar Central Bank data showed that the international reserves and foreign currency liquidity of the Qatar Central Bank continued to grow, and by the end of January 2022, they reached the level of 210.3 billion riyals.
Official reserves consist of four main components: foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, special drawing rights deposits, and Qatar's share in the International Monetary Fund. In addition to the official reserves, other liquid assets (in foreign currency deposits) so that the two together constitute what is known as the total international reserves.
According to the data, the official reserves of the Qatar Central Bank increased by the end of January compared to the end of last December by about 70 million riyals to 153.17 billion riyals. This rise was due to the increase in the bank's balances of foreign bonds and treasury bills by about 6.74 billion riyals to the level of 116.14 billion riyals.
Balances with foreign banks decreased by 6.7 billion riyals to 19.47 billion riyals at the end of January. The gold stock decreased by the end of January by about 15 million riyals to 12.035 billion riyals. The balance of special drawing rights deposits with the State of Qatar's share in the International Monetary Fund stabilized at the end of January at the level of 5.52 billion riyals, unchanged from December.
Source (Al-Raya Qatari Newspaper, Edited)
