Qatar Central Bank (QCB) witnessed a 3.58 percent increase in its foreign currency reserves and liquidity, reaching QAR257.111 billion ($70.5 billion) in April 2025, up from QAR248.202 billion in April 2024.
According to figures released by QCB and published by Qatar News Agency (QNA), its official reserves rose by QAR8.684 billion, or 4.58 percent, year-on-year, totaling QAR197.946 billion by the end of April 2025. This increase occurred despite a decline of approximately QAR6.615 billion in Qatar’s foreign bonds and treasury bills, which amounted to QAR131.661 billion in April 2025.
The official reserves encompass 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, including foreign currency deposits. Together, these components constitute what is referred to as the total foreign reserves.
Growth in gold reserves
As of the end of April 2025, gold reserves rose significantly by nearly QAR16.694 billion year-on-year, reaching QAR44.718 billion, compared to QAR28.024 billion in April 2024.
The balance of Special Drawing Rights (SDRs) deposits from the State of Qatar’s share with the IMF increased by QAR101 million year-on-year, totaling QAR5.258 billion by the end of April 2025.
Balances with foreign banks decreased by nearly QAR1.496 billion, reaching QAR16.308 billion at the end of April 2025, compared to the previous year.