Skip to main content

Blog entry by FintEdu Admin

Foreign Reserves of Qatar Central Bank Grow to QR 255.92 Billion in February 2025

Qatar, 10 March, 2025 :  The Qatar Central Bank (QCB) recorded a 3.81% growth in its foreign currency reserves, which rose to QR 255.916 billion in February 2025, up from QR 246.509 billion in February 2024.

The increase was driven by a rise in official reserves, which grew by approximately QR 9.218 billion, reaching QR 196.817 billion by the end of February 2025. This growth came despite a decline of about QR 13.175 billion in the QCB’s foreign bonds and treasury bills, which totaled QR 125.790 billion in February 2025.

QCB’s official reserves include a mix of key assets such as bonds and foreign treasury bills, balances with foreign banks, gold, Special Drawing Rights (SDRs), and Qatar’s share in the International Monetary Fund (IMF).

In terms of specific components, gold reserves saw a significant increase, rising by nearly QR 13.852 billion year-on-year, reaching QR 38.263 billion by February 2025. Additionally, balances with foreign banks grew by QR 8.639 million, reaching QR 27.671 billion compared to the previous year. However, the balance of SDR deposits with the IMF decreased slightly by QR 98 million, totaling QR 5.092 billion at the end of February 2025.

These increases in Qatar’s foreign reserves reflect continued stability and growth in its financial sector.

Source : www.zawya.com

Total Views : 158 | Share on

Related Posts

Qatar, 26 March, 2025 : Qatar's Prime Minister and Minister of Foreign Affairs, H E Sheikh Moha...

Read More

Qatar, 24 March, 2025 : Commercial Bank held its Annual and Extraordinary General Meetings, app...

Read More

Qatar, 24 March, 2025 : China’s global influence is fostering deeper ties with Qatar, said Sh...

Read More