Qatar's Foreign Reserves Increases by 13 percent

  • Doha, State of Qatar
  • 8 August 2023
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 In July, international reserves and foreign currency liquidity at the Qatar Central Bank jumped 13.13 percent to 241.57 billion riyals ($66.3 billion), compared to 213.53 billion riyals in the same month of 2022.

Figures issued by the Qatar Central Bank showed an increase in its official reserves by the end of last month, compared to the end of the same month of 2022, by about 27.18 billion riyals, to reach 183.11 billion riyals. Driven by the rise in the Central Bank's balances of bonds and foreign treasury bills by about 21.36 billion riyals, to the level of 137.60 billion riyals.

Source (Al-Khaleej Emirati Newspaper, Edited)

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