International reserves and foreign currency liquidity at the Qatar Central Bank rose by 3.28 percent year-on-year in July 2025, reaching QAR259.238 billion ($71.21 billion), compared to QAR250.981 billion ($68.94 billion) during the same period last year.
The Qatar Central Bank’s latest data showed that official international reserves increased by 3.99 percent at the end of July, equivalent to QAR7.681 billion, reaching QAR199.838 billion compared to July 2024.
Meanwhile, the bank’s holdings of foreign bonds and treasury bills rose by around QAR57 million to QAR138.754 billion compared to the same month last year.
Official reserves are composed of key components: foreign bonds and treasury bills, cash balances with foreign banks, gold holdings, Special Drawing Rights (SDRs) and Qatar’s quota at the International Monetary Fund (IMF). These, combined with other liquid assets (foreign currency deposits), make up what is known as total international reserves.
The data also showed that gold reserves at the Qatar Central Bank increased by about QAR13.471 billion to QAR44.153 billion by the end of July, compared to QAR30.682 billion in July 2024. Similarly, Qatar’s SDR deposit holdings at the IMF rose by QAR12 million in July 2025 compared to July 2024, reaching QAR5.178 billion.
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On the other hand, balances with foreign banks declined by around QAR5.859 billion to QAR11.751 billion at the end of July, compared to the same month in 2024.
In June, the Qatar Central Bank’s international reserves and foreign currency liquidity stood at QAR258.9 billion, growing 3.5 percent annually. The central bank’s international official reserves amounted to QAR199.6 billion in the review period, representing a 4.5 percent year-on-year growth, the QCB said.
