The international reserves and foreign currency liquidity at the Qatar Central Bank (QCB) increased by 2.65 % year-on-year in November, reaching QR261.502bn, compared to QR254.743bn during the same period last year.Data released by the QCB showed that the official international reserves rose by 3.14% at the end of last November, an increase of QR6.165bn, to reach QR201.899bn, compared to the same period in 2024. In contrast, its holdings of foreign bonds and treasury bills declined by approximately QR11.435bn, falling to QR126.689bn last November compared to the same month last year.The official reserves consist of several key components such as foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, Special Drawing Rights (SDR) deposits, Qatar's quota with the International Monetary Fund (IMF), and other liquid assets (which are foreign currency deposits). These two categories combined constitute the total international reserves.QCB data indicated that the gold stock increased by about QR22.786bn at the end of last November, reaching QR57.155bn, compared to QR34.369bn in November 2024.The balance of SDR deposits from Qatar's quota with the IMF also rose by QR70mn at the end of last November compared to November 2024, reaching a level of QR 5.201bn.On the other hand, balances with foreign banks declined by about QR5.257bn to QR12.852bn at the end of last November, compared to the same month last year.
