Qatar’s foreign reserves surge by 5.26% to $67.58bn in January: QCB data 

RIYADH: Qatar’s international reserves increased by 5.26 percent annually to 246.04 billion riyals ($67.58 billion) in January, driven by higher balances in foreign banks, official data showed. 

According to data released by the Qatar Central Bank, total reserves rose from 233.75 billion riyals in the same month of 2023.  

The increase is mainly due to a significant rise in balances held in foreign banks, comprising 11 percent of the country’s official reserves. 

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