Qatar Central Bank's Foreign Exchange Reserves Rise 3.96 Percent

  • Doha, Qatar
  • 10 June 2024
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The Qatar Central Bank's international reserves and foreign currency liquidity rose by 3.96 percent in May to 249 billion riyals ($68 billion), compared to 239 billion riyals ($65 billion) in the same period last year.

Data released by the Qatar Central Bank showed that its official reserves during May increased by about 8.8 billion riyals ($ 2.4 billion) on an annual basis, to reach 190 billion riyals ($ 52 billion), as a result of the increase in the Central Bank's balances of bonds and foreign treasury bills by about 2.8 billion riyals, to the level of 138.9 billion riyals ($ 38 billion) in the same period.

Source (Al-Sharq Al-Awsat Newspaper, Edited)

 

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