Qatar's central bank governor Sheikh Abdullah bin Saoud al-Thani claps during the 58th Gulf Cooperation Council (GCC) Central Bank Governors' annual meeting in Manama September 18, 2013. REUTERS/Hamad I Mohammed/File Photo
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Qatar central bank governor says country has $340 bln in reserves, can weather Arab sanctions: CNBCDUBAI: Qatar has $340 billion in reserves including holdings of its sovereign wealth fund that could help the Gulf country to weather the isolation imposed by its powerful Arab neighbours, central bank governor Sheikh Abdullah Bin Saoud al-Thani told CNBC. Al-Thani said the central bank has $40 billion in reserves plus gold, while the Qatar Investment Authority has $300 billion in reserves that it could liquidate.Al-Thani said while the central bank has noticed fund outflows from some non-residents, the amounts weren't particularly significant.
FOLLOW THIS ARTICLE