Qatar Central Bank Reserves Rise 1.52%
The Central Bank's foreign exchange reserves increased by 1.52% year-on-year in May, reaching 262.064 billion riyals. Its official reserves also rose by 1.86% to 202.600 billion riyals, despite a decline in its holdings of foreign bonds and bills by 33.336 billion riyals. Additionally, the gold stock grew by approximately 16.889 billion riyals to reach 61.228 billion riyals. The balances held by foreign banks increased by 20.181 billion riyals, totaling 36.576 billion riyals.
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