Doha: International reserves and foreign currency liquidity of Qatar Central Bank (QCB) jumped last January by 5.26 percent to QR246.047bn as compared to QR233.752bn in January 2023.
The figures released Wednesday by QCB showed an increase in its official reserves at the end of January 2024 as compared to what it was at the end of the same month last year by about QR11.371bn to reach QR187.155bn despite the decline in the QCB’s balances of bonds and foreign treasury bills by QR2.253bn to the level of QR136.414bn in January 2024.
The official reserves consist of major components, which are foreign bonds and bills, cash balances with foreign banks, gold holdings, special drawing rights deposits, and Qatar’s share in the International Monetary Fund.
