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2026-08-09T06:34:00.000Z

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Central reserves rise on gold and deposits

Central reserves rise on gold and deposits

Qatar experienced an increase in its international reserves and foreign currency liquidity during July 2026, with a year-over-year growth of 1.13%, reaching 262.175 billion riyals. This growth was supported by an increase in gold reserves by 11.639 billion riyals, totaling 55.792 billion riyals, and higher balances held by foreign banks by approximately 54.741 billion riyals, reaching 66.487 billion riyals. On the other hand, foreign bonds and treasury bills declined by about 45.732 billion riyals, amounting to 93.022 billion riyals. Additionally, Qatar's share of the International Monetary Fund grew by 26 million riyals, reaching 5.204 billion riyals. The data indicates that these increases are driven by the strengthening of gold reserves and bank balances, while the declines reflect shifts in other components of the reserves.

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