Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) increased by 3.7 percent in January, reaching QR255.166bn, compared to QR246.047bn in the same month in 2024.
Data released by Qatar Central Bank showed a rise in its official reserves at the end of January compared to the same month in 2024, by approximately QR8.942bn, bringing the total to QR196.097bn, despite the decline in the QCB’s balances of foreign bonds and treasury bills by around QR7.551bn to the level of QR128.863bn in January.
The official reserves consist of main components, including foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, Special Drawing Rights (SDRs) deposits, and Qatars quota at IMF.
In addition to official reserves, there are other liquid assets (foreign currency deposits), and together these two elements form what is known as total international reserves. Gold holdings increased by around QR12.582bn at the end of January, compared to January 2024, bringing the total to QR36.651bn.
Balances with foreign banks increased by approximately QR4.059bn, bringing the total to QR25.526bn at the end of January this year, compared to January 2024. On the other hand, the balance of Qatar’s SDR deposits at the IMF decreased by QR150m at the end of January, reaching QR5.054bn, compared to January 2024.
