Mubasher: Qatari foreign reserves declined 19.6% year-on-year in November 2017, equating to QAR 32.88 billion ($9.03 billion), according to the Qatar Central Bank’s (QCB) monthly monetary bulletin on Sunday.

Doha’s total international reserves fell to QAR 134.46 billion ($36.92 billion) in November 2017 from QAR 167.34 billion ($45.95 billion) in the same period a year earlier, the data added.

Overseas reserves of the world’s biggest exporter of liquefied natural gas increased 2.3% month-on-month in November, boosted by the hike of liquid foreign assets to QAR 82.88 billion from QAR 69.28 billion in October, according to the QCB’s data.

Qatari total reserves went down to QAR 32.07 billion in November from QAR 166.53 billion in May on the back of the diplomatic rift between Qatar and four Arab countries brewed in June 2017.