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Qatar’s Foreign Reserves Show Marginal Increase Amidst Fluctuations in October

Doha:Qatar's international reserves and foreign currency liquidity rose by 0.325 percent in October, reaching QR 262.289 billion. This marks an increase from QR 261.437 billion recorded in the same period last year.

According to Qatar News Agency, data released by the Qatar Central Bank on Sunday indicated that its official international reserves experienced a significant increase of 10.70 percent, equating to QR 21.606 billion by the end of October 2026, compared to the previous year.

The central bank reported a decline in holdings of foreign bonds and treasury bills, dropping by approximately QR 42.110 billion to QR 87.847 billion in October, compared to the same month in 2025. The official reserves include 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 at the International Monetary Fund, and other liquid foreign currency assets.

Additionally, the data revealed a decrease in gold holdings by approximately QR 2.292 billion, resulting in a total of QR 52.258 billion at the end of October, compared with QR 54.550 billion in October of the previous year. Conversely, balances held with foreign banks saw an increase of approximately QR 66.040 billion, amounting to QR 78.169 billion at the end of last month.

Moreover, Qatar's Special Drawing Rights holdings, part of its quota at the International Monetary Fund, decreased by QR 30 million at the end of October, compared to October 2025, totaling QR 5.176 billion.

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