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QCB: Foreign Exchange Reserves Rise 1.24% Year-on-Year

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Doha, July 08 (QNA) - International reserves and foreign currency liquidity at Qatar Central Bank (QCB) rose by 1.24% year-on-year in June, reaching QAR 262.114 billion, compared with the same period in 2025, when they stood at QAR 258.898 billion.

Data issued by QCB showed that its official international reserves increased by 1.48% by the end of June 2026, equivalent to QAR 2.963 billion, reaching QAR 202.629 billion, compared with the same period in 2025.

Meanwhile, its holdings of foreign bonds and treasury bills declined by about QAR 34.980 billion to QAR 97.160 billion in June 2026, compared with the same month in 2025.

Official reserves consist of key components including foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, Special Drawing Rights (SDR) deposits, Qatar's quota at the International Monetary Fund, in addition to other liquid assets (foreign-currency deposits). Together, the latter two form what is known as total international reserves.

The data showed that gold holdings rose by about QAR 10.099 billion by the end of June 2026, reaching QAR 54.595 billion, compared with June 2025, when they stood at QAR 44.496 billion.

Balances with foreign banks increased by about QAR 27.919 billion, reaching QAR 45.687 billion by the end of June 2026.

One the other hand, the balance of Special Drawing Rights deposits from Qatar's share at the International Monetary Fund declined by QAR 75 million by the end of June 2026, compared with June 2025, reaching QAR 5.186 billion. (QNA)

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