Home » today » Business » Domestic liquidity in Qatar grows 11% in July to 675 billion riyals, backed by close to-cash | hottest news

Domestic liquidity in Qatar grows 11% in July to 675 billion riyals, backed by close to-cash | hottest news

The cash offer (m2) in Qatar grew in July by 10.7% calendar year on calendar year to achieve 675.2 billion riyals.

Domestic liquidity (m2) development in Qatar past thirty day period was supported by an enhance in near cash to above 514.4 billion riyals, pushed by an raise in foreign currency deposits of 38.5% to 226.5 billion. of riyals, towards a drop in phrase deposits of 4.3% to 287.9 ​​billion riyals.

The dollars source (M1) on the other hand lowered by 5.9% on an yearly basis to attain 160.8 billion riyals, below the tension of the drop in sight deposits to 148.8 billion riyals, as opposed to the raise in liquidity in circulation to approximately 13 billion riyals.

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