About QCB

QCB's Investment Policy 

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Welcoming Statement
 

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Objectives & Functions

 
 

Financial Statements

 
 

Investment Policy

 

 

Objectives

 

The main objective of the QCB's Investment Policy is to manage QCB’s reserves in a way that maintains the QR exchange rate stability against the US dollar, and to assure its convertibility to other currencies at any time.

These objectives are realized by:

1.

Investing the QCB's financial reserves in major industrial countries’ government bonds.

2.

Investing in gold.

3.

Deposit with major international banks and financial institutions and in major currencies.

QCB, also, allocates its financial assets geographically so as to spread and minimize risks.

 

Investment Committee (IC)

 

QCB investment portfolio is managed by a committee headed by the QCB Governor as a chairman, QCB Deputy Governor as a vice chairman, and each of the following as members;

The Director of the Investment & Foreign Exchange Department (IFED),

The Director of the Department of Economic Policies,

The Director of the Administration and Financial Department,

Expert of the IFED, and,

Assistant Director of the IFED.

 

The IC has put forth three main principles for its operations:

1.

Safety, i.e., to preserve the safety of QCB's financial assets.

2.

Liquidity, i.e., to achieve sufficient flexibility against probable cash needs.

3.

Profitability, i.e., to maximize profit given the above two principles.

Organization Chart

 

 

Phone numbers:

Manager Office: 4456387

Chief Dealer office:4456386

Head of back office: 4456388

Fax: 4413650

Telex: 4335

Department of Economic Policies
  Investment Department  
 
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