Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) increased by 2.6 percent QR210.395bn in February 2022, compared to QR204.912bn in the same period in 2021.
QCB’s data indicated that the bank’s official reserves increased at the end of February 2022 from February 2021 by about QR4.478bn to reach QR153.207bn, as a result of the rise in bonds and foreign treasury bills at Qatar Central Bank by about QR40.524bn, to reach QR 122.797bn in February 2022.
International reserves consist of four main components: bonds and foreign treasury bills, deposits and cash balances with foreign banks, in addition to gold holdings of the Central Bank, special drawing rights (SDR) deposits, and the State of Qatar’s share in the IMF. Other foreign currency liquid assets are added to the international reserves.
