Doha: Money Supply (m2) in the State of Qatar increased by 5.49 percent to QR630.91bn in February 2022, on an annual basis, compared to QR598.05bn in February 2021, according to data issued by Qatar Central Bank (QCB).
QCB’s data attributed the annual rise in the money supply in last February to the rise in the value of quasi-money to QR468.63bn, driven by the growth of foreign currency deposits to QR187.78bn, and the increase in time deposits to QR280.84bn.
The money supply (m1) rose last month to QR162.27bn, driven by the increase in the value of demand deposits, which amounted to QR149.34bn.
