QCB’s Foreign Exchange Reserves Rise 1.9% in April

Qatar Central Bank’s (QCB) international reserves and foreign currency liquidity rose by 1.9 percent on a yearly basis in April, reaching QR262.026 billion, compared with QR257.129 billion in the same period of 2025.

Data released by QCB showed that the bank’s official international reserves increased by 2.23 percent by the end of April 2026, up QR4.424 billion year-on-year to QR202.370 billion compared with the same period in 2025.

Meanwhile, holdings of foreign bonds and treasury bills declined by around QR19.519 billion, reaching QR112.142 billion in April 2026 compared with the same month a year earlier.

Official reserves consist mainly of foreign bonds and treasury bills, cash balances held with foreign banks, gold holdings, special drawing rights (SDRs) deposits, and Qatar’s quota at the International Monetary Fund (IMF), in addition to other liquid foreign-currency assets in the form of deposits. Together, these components make up total international reserves.

The data also showed that gold reserves increased by around QR16.614 billion by the end of April 2026, reaching QR61.332 billion, compared with QR44.718 billion in April 2025.

Balances held with foreign banks also rose by around QR7.348 billion, reaching QR23.656 billion by the end of April 2026. On the other hand, the balance of SDR deposits related to Qatar’s share at the IMF declined by QR19 million by the end of April 2026 compared with April 2025, to QR5.239 billion.