Monday, 4 December 2017

UPDATE 1-Qatar c.bank's international reserves, liquidity edge up in October

UPDATE 1-Qatar c.bank's international reserves, liquidity edge up in October:

"The Qatar central bank’s international reserves and foreign currency liquidity rose slightly in October, official data showed on Monday, as capital outflows caused by sanctions imposed by other Arab states appeared to ease.

The reserves and liquidity, a measure of the central bank’s ability to support the riyal currency, rose to $36.1 billion in October from $35.6 billion in September.

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha in June, prompting banks and investors from those countries to withdraw billions of dollars from Qatar."



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