Mubasher: Qatar’s domestic liquidity rose 4% year-on-year in August, according to data released by Qatar Central Bank's (QCB) on Sunday.
Money supply (M2) reached QAR 581.4 billion ($159.7 billion) in last month, from QAR 559.1 billion ($154 billion) in August 2017.
It is worth noting that M2 includes accounts, timed deposits, and savings accounts.
Compared to July, the Gulf country’s domestic liquidity declined 1.1% from QAR 588 billion ($161.5 billion), the data showed.
By the end of August, deposits in foreign currencies recorded QAR 211.8 billion, while time deposits reached QAR 242.3 billion.
