QCB foreign reserves grow 3.6% in May
Qatar Central Bank (QCB) saw a 3.60 percent increase in its foreign currency reserves and liquidity, reaching QR258.135 billion in
May 2025, up from QR249.165 billion in May 2024. According to figures released by QCB, its official reserves rose by QR8.706 billion, or 4.57 percent, year-on-year, reaching QR198.712 billion by the end of May 2025. (QNA) page 6
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Qatar Tribune
6 hours ago
- Qatar Tribune
QCB foreign reserves grow 3.6% in May
Qatar Central Bank (QCB) saw a 3.60 percent increase in its foreign currency reserves and liquidity, reaching QR258.135 billion in May 2025, up from QR249.165 billion in May 2024. According to figures released by QCB, its official reserves rose by QR8.706 billion, or 4.57 percent, year-on-year, reaching QR198.712 billion by the end of May 2025. (QNA) page 6
Qatar Tribune
6 hours ago
- Qatar Tribune
QCB foreign reserves surge 3.6% to over QR258 bn in May
QNA & TNN Doha Qatar Central Bank's (QCB) international reserves and foreign currency liquidity rose by 3.6 percent in May 2025, surpassing QR258.1 billion, compared to QR249.2 billion in May 2024, official figures released by the bank revealed. The boost in reserves reflects continued economic stability and prudent fiscal management, despite fluctuations in global markets. QCB's official reserves alone jumped by QR8.7 billion — a 4.57 percent increase year-on-year — reaching QR198.7 billion by theend of May. These official reserves encompass several key components: foreign bonds and treasury bills, balances with overseas banks, holdings in gold, Special Drawing Rights (SDRs), and Qatar's allocated share in the International Monetary Fund (IMF). Notably, the increase in total reserves came despite a decline of around QR6 billion in foreign bonds and treasury bills, which stood at QR132.9 billion in May 2025. The fall was offset by substantial gains in other areas, most significantly in gold holdings. QCB's gold reserves posted a strong year-on-year rise, surging by QR16 billion — an impressive 56.5 percent increase — to QR44.3 billion in May 2025 from QR28.3 billion a year earlier. This sharp uptick underscores the central bank's strategy to diversify and strengthen its assets amidst global economic uncertainties. The SDR holdings, part of Qatar's IMF quota, also edged up slightly by QR67 million year-on-year, totaling QR5.25 billion. Conversely, QCB's balances with foreign banks dipped by QR1.3 billion to QR16.4 billion compared to the previous year. In addition to official reserves, the total foreign reserves figure includes other liquid foreign currency assets, primarily deposits, which further enhance Qatar's financial resilience. The data points to a robust and diversified reserve portfolio, bolstering Qatar's capacity to manage external shocks, support monetary policy, and maintain exchange ratestability.
Qatar Tribune
8 hours ago
- Qatar Tribune
Qatar Central Bank's foreign exchange reserves rise by 3.60%
DOHA: Qatar Central Bank's (QCB) international reserves and foreign currency liquidity rose by 3.60 percent year-on-year in May, reaching R 258.135 billion, compared to QR249.165 billion in the same period last year. Figures released by the Qatar Central Bank showed that its official international reserves rose by 4.57 percent, or QR8.706 billion, to QR198.912 billion at the end of May, compared to the same period in 2024. Meanwhile, the central bank's holdings of foreign bonds and treasury bills declined by approximately QR6.044 billion, to QR132.904 billion in May, compared to the same month of the previous year. Official reserves consist of the following main components: foreign treasury bonds and bills, cash balances held in foreign banks, gold holdings, special drawing rights deposits, and Qatar's share in the International Monetary Fund. In addition to official reserves, other liquid assets (foreign currency deposits) form what is known as total international reserves. In the same context, data showed that gold stocks rose by approximately QR16.012 billion to QR44.339 billion by the end of May 2024, compared to QR28.327 billion in May 2024. Qatar's Special Drawing Rights (SDR) deposits at the International Monetary Fund (IMF) also increased by QR67 million at the end of May, compared to May 2024, reaching QR5.253 billion. Separately, balances held with foreign banks declined by approximately QR1.328 billion, reaching QR16.416 billion by the end of May, compared to the same month in 2024.
