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QCB Foreign Reserves Rise 3.81% in February

Doha – The Qatar Central Bank (QCB) recorded a 3.81% increase in foreign currency reserves and liquidity. This reached QR255.916 billion in February 2025, compared to QR246.509 billion in February 2024.

According to QCB data, official reserves grew by QR9.218 billion year-on-year. They hit QR196.817 billion by the end of February 2025. This increase came despite a QR13.175 billion drop in QCB’s holdings of foreign bonds and treasury bills, which stood at QR125.790 billion.

QCB’s official reserves comprise foreign bonds and treasury bills, balances with foreign banks, gold, Special Drawing Rights (SDRs), and Qatar’s share in the International Monetary Fund (IMF). In addition to these reserves, foreign currency deposits contribute to total foreign reserves.

Gold reserves saw a significant rise, climbing by QR13.852 billion year-on-year to reach QR38.263 billion. Balances with foreign banks also grew by QR8.639 million, reaching QR27.671 billion at the end of February 2025.

Meanwhile, the balance of SDR deposits linked to Qatar’s IMF share fell by QR98 million. It stood at QR5.092 billion by the end of February 2025.

The overall increase in foreign reserves highlights the strength of Qatar’s financial position and the resilience of its monetary system.

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