International reserves and foreign currency liquidity at the Qatar Central Bank jumped in February to 234.946 billion riyals, an increase of 11.7 percent, compared to 210.395 billion riyals in the same month last year.
The figures issued by the Qatar Central Bank showed an increase in official reserves at the end of last February, compared to what they were at the end of the same month last year, by about 23.642 billion riyals, to reach 176.849 billion riyals. Driven by the increase in the central bank's balances of bonds and foreign treasury bills by about 17.065 billion riyals, to the level of 139.862 billion riyals in February 2023.
On the other hand, the balance of SDR deposits from the State of Qatar's share with the International Monetary Fund decreased by 252 million riyals at the end of January, compared to February 2022, to reach the level of 5.248 billion riyals.
Balances with foreign banks also decreased by about 1.349 billion riyals to the level of 12.221 billion riyals by the end of February 2023, compared to January last year.
On the other hand, gold stocks increased by the end of February 2023 by about 8.178 billion riyals to 19.517 billion riyals.
Source (Al-Rai Qatari Newspaper, Edited)
