Qatar Central Bank's FX Reserves Rise 1.52%

Qatar's international reserves increased by 1.52% in May, reaching 262.064 billion riyals, with official reserves rising by 1.86% to 202.600 billion riyals. Gold holdings also saw an increase of approximately 16.889 billion riyals, totaling 61.228 billion riyals. Additionally, foreign bank deposits grew by 20.181 billion riyals. On the other hand, the balance of Special Drawing Rights (SDR) deposits at the International Monetary Fund decreased by 35 million riyals, bringing the total to 5.226 billion riyals.

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