The international reserves and foreign currency liquidity of the Qatar Central Bank increased last June by 2.8% on an annual basis to $58 billion.
Last month, Qatar’s official reserves rose by 3.3% to reach $42.3 billion, supported by an increase in investment in foreign treasury bonds by 21% to $30.6 billion, once morest the stability of the value of gold reserves at $3.4 billion, and a decrease in balances with foreign banks by 41.6%. to $6.8 billion.
Qatar’s international reserves and foreign currency liquidity are equivalent to regarding 7.8 times the issued cash, and cover merchandise imports for more than 24 months.
