Qatar Central Bank (QCB) reported a 3.60% rise in its foreign currency reserves and liquidity, reaching QR 258.135 billion in May 2025. This marks an increase from QR 249.165 billion recorded in May 2024.
According to QCB figures, official reserves grew by QR 8.706 billion, or 4.57% year-on-year, reaching QR 198.712 billion by the end of May 2025. This rise occurred despite a decline in foreign bonds and treasury bills, which fell by QR 6.044 billion to QR 132.902 billion.
Official reserves include several key assets such as bonds, foreign treasury bills, balances with foreign banks, gold, Special Drawing Rights (SDRs), and Qatar’s share in the International Monetary Fund (IMF).
In addition to official reserves, other liquid assets, including foreign currency deposits, contribute to the total foreign reserves.
Gold reserves saw a significant increase, rising by nearly QR 16.012 billion year-on-year to QR 44.339 billion. This compares to QR 28.327 billion in May 2024.
Meanwhile, the balance of SDR deposits from Qatar’s IMF share increased by QR 67 million, reaching QR 5.253 billion. However, balances with foreign banks decreased by QR 1.328 billion, falling to QR 16.416 billion compared to the previous year.

