July 8, 2026

QCB Reports 1.24% Growth in Foreign Exchange Reserves

Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) rose by 1.24% year-on-year in June, reaching QAR 262.114 billion, compared with the same period in 2025, when they stood at QAR 258.898 billion.

According to Qa…

IMF Downgrades Global Growth Forecast to 3% for 2026

Washington: The International Monetary Fund (IMF) on Wednesday downgraded its global growth forecast for 2026 to 3%, warning of persistent risks posed by the war in the Middle East and potential corrections in market expectations regarding artificial …