Qatar’s foreign reserves rise 0.325% to QR262.289bn in Oct
<p>Doha, Qatar: Qatar’s international reserves and foreign currency liquidity rose 0.325 percent year over year in October to QR262.289bn, compared with QR261.437bn in the same period last year.</p> <p>Data released by the Qatar Central Bank yesterday showed that its official international reserves increased 10.70 percent, or QR21.606bn, by the end of October 2026 to QR223.450bn compared…
Doha, Qatar - Qatar's international reserves and foreign currency liquidity grew by 0.325 percent year-over-year in October, reaching QR262.289bn, according to data released by the Qatar Central Bank. This marked an increase of QR21.606bn compared to the same period last year when reserves stood at QR261.437bn.
The bank's official international reserves climbed by 10.70 percent, or QR21.606bn, to QR223.450bn by the end of October 2026. This growth was driven by a significant rise in QR87.847bn in foreign bonds and treasury bills, down from QR130.957bn a year earlier, and a notable surge in balances held with foreign banks, which surged to QR78.169bn from QR12.129bn the previous year.
However, gold holdings experienced a decline, decreasing by approximately QR2.292bn to QR52.258bn by the end of October, compared to QR54.550bn in October 2025. Additionally, Qatar's Special Drawing Rights holdings, a component of its quota at the International Monetary Fund, fell by QR30 million to QR5.176bn at the end of October 2026.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
