Qatar Central Bank’s (QCB) foreign currency reserves and liquidity increased 2.79 percent to reach QR 211.32 billion ($58bn) in July 2022.
The same figures were recorded at QR 205.57 billion ($56.5bn) in July 2021.
QCB on Sunday showed its official reserves, comparatively last year, increased QR 4.78 billion till July 2022 to reach QR 153.890 billion.
It is driven by an increase in the central balances of bonds and foreign treasury bills by about QR 19.522 billion to the level of QR 113.142 billion in July 2022.
The reserves consist of four categories: foreign securities, balances with foreign banks, gold, and Special Drawing Rights (SDR).
It also includes Qatar’s share at the International Monetary Fund (IMF).
Qatar’s shares of SDR deposits at IMF increased by QR 3.226 billion in July 2021 compared to July 2021 to reach QR 5.193 billion.
Balances with foreign banks decreased by about QR 20.695 billion to reach QR 20.612 billion by July 2022, compared to July 2021.
Gold increased by the end of July 2022 by about QR 2.7 billion to reach QR 14.940 billion.