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Available reserves enough to defend riyal: QCB chief


Doha The available reserves of the Qatar Central Bank (QCB) are more than enough to defend the Qatari riyal, its Governor HE Sheikh Abdulla bin Saoud al Thani said on Wednesday."QCB's foreign international reserves and liquidity are worth more than twice the monetary base, which is the total money issued in addition to all the deposits of local banks including the required reserves which cannot be withdrawn," the QCB chief said at the Euromoney 2017.

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