Business · Markets · 1 day ago

Qatar’s foreign bond and treasury bill balances fall by 42.1 billion riyals

Qatar’s foreign bond and treasury bill balances fall by 42.1 billion riyals

In October, Qatar’s foreign bond and treasury bill balances fell by 42.1 billion riyals, ending the month at 87.847 billion riyals.

The figures came from the Qatar Central Bank, which tracks the country’s reserves and foreign currency liquidity.

Despite the fall in those holdings, international reserves and foreign currency liquidity rose 0.325% year on year to 262.289 billion riyals.

Official international reserves increased 10.7% to 223.450 billion riyals, while gold holdings fell by 2.292 billion riyals compared with October a year earlier.

Balances held with foreign banks rose by 66.040 billion riyals to 78.169 billion riyals.

The figures show different movements across Qatar’s reserve holdings, but the data provides no explanation for the changes or details of what may happen next.

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