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FinancialNews


  • 28-02-19

    Qatar Central Bank jumps 1.8 percent in forex reserves

    (MENAFN) Qatar's central bank recorded a 1.8 percent boost in its international exchange reserves in December 2018, on a monthly basis.

    Qatar Central Bank (QCB), by December, generated USD49.3 billion with equating to 8.8 months of import cover.

    Development of assets in the Qatari central bank also stood at 1.8 percent on a year basis last month, the bank confirmed in its monthly report.

    Credit growth for QCB hit 3.1 percent last month on a yearly basis, while its deposit growth reported a 1.7 percent decline.

    MENAFN2802201900450000ID1098185452

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