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Foreign exchange reserves of the Central Bank of Qatar declined by $10 billion

According to data published by the Central Bank of Qatar, the foreign exchange reserves of the Emirate declined in June 2017 10.4 billion.

At the beginning of July the volume of reserves amounted to 24.2 billion dollars, which is the lowest figure for the last five years.

The sharp decline in foreign exchange reserves associated with the boycott, announced Qatar four Arab countries. As a result of the boycott, many banks were forced to withdraw from the Emirate their funds and investment portfolios, the television «al-Arabiya».

Foreign exchange reserves of the Central Bank of Qatar declined by $10 billion 31.07.2017

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