3.6 % increased on an annual basis .. «Central»: 258 billion riyals of foreign exchange reserves by the end of May

Mark
Written By Mark

International reserves and liquidity in foreign currencies at the Qatar Central Bank increased last May by 3.6 percent on an annual basis, to reach 258.135 billion riyals, compared to the same period last year in which it amounted to 249.165 billion riyals.
The figures issued by the Central Bank of Qatar showed that its official international reserves increased by the end of last May by 4.57 percent, or 8.706 billion riyals to reach 198.912 billion riyals compared to the same period of the year 2024, while the central bank balances of bonds and foreign treasury bills decreased by about 6.044 billion riyals, to 132.904 billion riyals in last May compared to the same month of the previous year for him.
Official reserves consist of major components, which are bonds, foreign treasury permissions, cash balances of foreign banks, gold holdings, private clouds deposits, and the stake of the State of Qatar with the International Monetary Fund.
In addition to the official reserves, other liquid assets “are deposits in foreign currency”, so that the two constitute what is known as the total international reserves.
In the same context, the data showed the increase in the stock of gold at the end of last May by about 16.012 billion riyals to 44.339 billion riyals, compared to May 2024, in which he recorded a level of 28.327 billion riyals.
The balance of private drawing rights deposits from the State of Qatar to the International Monetary Fund increased by the end of last May, at a value of 67 million riyals, compared to May 2024, to reach the level of 5.253 billion riyals.
On the other hand, the balances with foreign banks fell by 1.328 billion riyals, to the level of 16.416 billion riyals at the end of last May, compared to the same month of the year 2024.