QCB Foreign Reserves Grow 3.81% in February 2025

Qatar Central Bank

The Qatar Central Bank (QCB) saw a 3.81% increase in its foreign currency reserves and liquidity, reaching QR 255.916 billion in February 2025, up from QR 246.509 billion in February 2024.

According to figures released by QCB, its official reserves rose by approximately QR 9.218 billion year-on-year, reaching QR 196.817 billion by the end of February 2025. This increase occurred despite a decline of about QR 13.175 billion in QCB’s foreign bonds and treasury bills, which totaled QR 125.790 billion in February 2025.

The official reserves include key categories such as bonds and foreign treasury bills, balances with foreign banks, gold, Special Drawing Rights (SDRs), and the State of Qatar's share in the International Monetary Fund (IMF).

In addition to the official reserves, there are other liquid assets, namely foreign currency deposits. Together, these components make up what is referred to as the total foreign reserves.

As of the end of February 2025, Gold reserves increased by nearly QR 13.852 billion year-o-year, reaching QR 38.263 billion.

Balances with foreign banks rose by nearly QR 8.639 million, reaching QR 27.671 billion at the end of February 2025, compared to February 2024.

The balance of Special Drawing Rights (SDRs) deposits from the State of Qatar's share with the IMF decreased by QR 98 million year-o-year, totaling QR 5.092 billion by the end of February 2025.

(QNA)