International reserves and liquidity in foreign currencies of the Qatar Central Bank increased to 260 billion riyals at the end of last July, compared to 251 billion in July 2024, an increase of 9 billion riyals during that period. According to the monetary bulletin of the Qatar Central Bank, gold reserves increased during the same period to 44.2 billion riyals compared to 30.6 billion riyals in July 2024, an increase of 13.6 billion riyals.
The report emphasized that the international reserves included 11.7 billion riyals with balances with foreign banks, and 138.7 billion riyals of foreign treasury bonds and permits .. It also included 5.2 billion riyals of the deposits of special withdrawal rights at Qatar Central Bank, and also included 59.4 billion riyals other liquid assets in foreign currency -deposits -.
Supports economics
Economists and Finance experts emphasized that the high international reserves support the Qatari economy as a wall against any challenges or difficulties facing Qatar due to the global and regional economic conditions.
They stressed that the continuous rise in these reserves confirms the success of the state and economic policy pursued by the state, represented by the Central Bank of Qatar, which runs the international reserve portfolio.
Financial expert Abdullah Al -Khater stressed that reserves support the confidence of international institutions in the economy, and contribute to attracting investments and capital to the local market, which leads to further recovery in the market, creating new job opportunities, and increasing the local product, including the contribution of the private sector.
Adding that economic indicators confirm the state’s success in adapting to various economic conditions, as evidence of the high international precautions, which are an important indication of the strength of the economy, the ability to provide resources without the use or use of this reserve, or the use of investments or external assets owned by the Qatar Investment Authority.
He pointed to the continued policy of the state by increasing and strengthening international precautions, and focusing on the guaranteed investments with international guarantees such as bonds or government bonds and securities guaranteed by governments.
He explains that the directions of the state and politics related to foreign investments and precautions were good over the past years, and that the presence of strong investments abroad chosen by the Qatar Investment Authority with great care, and deep feasibility studies, had the greatest impact in achieving good returns suitable for the economic situation, while the reserves managed by the Central Bank of Qatar efficiently were a flexible policy that suits the economic conditions in the world, so that it rises and decreases According to these variables.
Achieving returns on the invested assets
The Reserve Department of the Qatar Central Bank is managing and investing the funds and reserves of the Qatar Central Bank according to in line with the investment policy and strategy approved by the bank’s investment committee. The objectives of the investment policy are to achieve returns on the assets invested within the standards specified while maintaining the safety of assets and maintaining a sufficient liquidity to maintain the stability of the exchange rate and in general on the financial stability of the banking sector.
His Excellency the Governor chairs the Investment Committee and the investment committee shall define the general principles of reserve wallet, investment policy and annual goals, as well as supervising the bank’s portfolio and taking strategic decisions based on changes in global markets that aim to preserve the safety of assets and provide sufficient amount of liquidity and achieve a return from profits.
The Investment Department is responsible for the Department of Foreign Cash Reserves at Qatar Central Bank in accordance with the investment policy approved by the Investment Committee, and the administration monitors the exchange rate of the Qatari riyal and provides liquidity in the US dollar to maintain the stability of the US dollar exchange rate against the Qatari riyal.
Strategic and organizational goals
Investment and commitment management is supporting the Qatar Central Bank’s reserve management portfolio through investment risk management and compliance risks. The administration supervises credit and market risks and liquidity risks, to ensure that investments are directed towards safe entities to reduce possible losses. The administration also guarantees the wallet’s compatibility strictly with the investment policy of the Qatar Central Bank and the commitment to national and international regulations, including anti -money laundering standards, which supports the wallet and makes it strong and is in line with the strategic and organizational goals of the Qatar Central Bank.