International reserves and foreign currency liquidity at Qatar Central Bank increased by 2.6 percent, to reach 210.395 billion riyals (about 57.8 billion dollars) in February 2022, compared to 204.912 billion riyals during the same period in 2021.
The figures issued by the Qatar Central showed an increase in official reserves by the end of February 2022 on an annual basis by about 4.478 billion riyals to reach 153.207 billion riyals. Driven by the rise in the Central Bank's balances of foreign bonds and treasury bills by about 40.524 billion riyals to the level of 122.797 billion riyals.
Qatar's 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.
On the other hand, balances with foreign banks decreased by 39.389 billion riyals to the level of 13.570 billion riyals by the end of February 2022 compared to the same period last year. The gold stock decreased by the end of February 2022 by about 169 million riyals to 11.339 billion riyals.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
