False increase in money reserve currency


This year, Qatar's international debt markets (bonuses, sukuk and permits) have pushed Qatari's foreign currency reserves upward in March, according to Al Ain.

Qatar's reserve assets rose last March to $ 50.5 billion, backed by a return on loans and securities, according to a recent report from the Central Bank of Qatar.

Qatar's reserve assets stood at $ 49.6 billion in February, while in March 2018 it stood at $ 37.8 billion.

Earlier this year, Qatar issued bonds and international instruments to provide external liquidity and offset the large deficit caused by the outflow of funds and investments for the boycott.

In June 2017, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic relations and transport lines with Qatar due to Doha's support of terrorism, negatively affecting its economy and its indicators and sectors.

In March, Qatar went to global debt markets and sold $ 12 billion in bonds, the finance ministry announced, almost a year after a similar sale of the same value.

Since the beginning of this year, the central bank has sold bonds, bonds and bonds worth more than 10 billion rials ($ 2.74 billion).

While in April 2018, Qatar sold $ 12 billion in international bonds, which was then the highest value offered by Qatar in its history.

In March 2018, the International Monetary Fund (IMF) announced in its report that nearly $ 40 billion of the Qatar market had been withdrawn in the form of deposits and investments since the Arab boycott.

This means that the increase in Qatar's reserve assets is based on loans from abroad, not from exclusive Doha funds, but rather from hot money that could leave the country at any time.


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