QCB forex reserves rise 4.8% to $39.8bn in April: QNB

QCB forex reserves rise 4.8% to $39.8bn in April: QNB:

"The Qatar Central Bank’s foreign exchange (forex) reserves have gone up 4.8% month-on-month in April to $39.8bn, data provided by QNB indicate.
This equates to 6.3 months of import cover, QNB said in its latest ‘Qatar Monthly Monitor’. 
Higher oil prices have resulted in a growth in both Qatar’s exports and imports, the report said. "



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