RIYADH: Qatar Central Bank’s foreign currency reserves and liquidity climbed 1.24 percent year on year in June, reaching 262.1 billion Qatari riyals ($71.7 billion), according to official data.

Figures published by the institution showed that official international reserves rose 1.48 percent year on year, up 2.9 billion riyals to 202.6 billion riyals, the Qatar News Agency reported.

The bank’s holdings of foreign bonds and treasury bills declined sharply, falling by around 34.9 billion riyals year on year to 97.1 billion riyals in June.

The reserve growth comes as Gulf economies continue to navigate this year’s conflict involving the US, Israel and Iran, which disrupted regional shipping and energy markets. Qatar’s strong external buffers have helped reinforce financial stability and investor confidence despite heightened geopolitical uncertainty.

Qatar’s foreign currency reserves and liquidity have followed a broadly upward trend in 2026. They stood at 261.8 billion riyals in January, up 2.63 percent year on year, before reaching 202.3 billion riyals in April, a 2.23 percent annual increase.