QatarDay

Qatar Central Bank's Foreign Currency Reserves Rise 3.2% Year-on-Year in August

Qatar Central Bank's Foreign Currency Reserves Rise 3.2% Year-on-Year in August By Sameeha Faiz - September 08, 2025
Qatar Central Bank s Foreign Currency Reserves Rise

Doha, September 7 (QNA) – Qatar Central Bank (QCB)'s foreign currency reserves and liquidity increased by 3.2% year-on-year in August, reaching QAR 260.3 billion up from QAR 252.3 billion in the same period last year.

Official international reserves rose by 3.8% to QAR 200.8 billion at the end of August 2025 compared to August 2024.

However, holdings of foreign bonds and treasury bills decreased by approximately QAR 4.9 billion to QAR 135.2 billion.

The official reserves mainly consist of foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, special drawing rights (SDRs), and Qatar's quota in the International Monetary Fund (IMF).

Additional liquid assets in foreign currency deposits bring the total to the overall international reserves.

Gold reserves notably increased by QAR 14.6 billion to QAR 46.5 billion compared to August 2024. Meanwhile, cash balances at foreign banks declined by QAR 2.3 billion to QAR 13.9 billion.

Qatar's SDR holdings with the IMF slightly decreased to QAR 5.243 billion at the end of August, down from QAR 5.252 billion in the same period last year.

 

Source: QNA

By Sameeha Faiz - September 08, 2025

Leave a comment