"Driven by private sector deposits, Qatar recorded the highest money supply growth rate (37.4%) in the region during the first quarter of 2013, QNB has said in a report.
Last year, the country’s money supply growth rate was due to foreign currency deposits.
According to QNB, this reflects a significant shift in trend, compared with the traditional source of money supply growth in Qatar, which may indicate a higher growth contribution from the non-oil sector."
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