Qatar’s International Reserves Just Plunged 30% In One Month

Ok, so although Qatar has repeatedly claimed that it's prepared to fight the "good" fight when it comes to resisting the demands of the Saudi-led alliance that set out to ostracize and economically isolate the filthy rich sheikdom last month, data out today from the central bank seems to suggest there's a problem. Namely, that Qatar's international reserves plunged by a harrowing 30% in June to 88.85 billion riyals vs 126.73 billion riyals in May. You should note that this came as foreign

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2 thoughts on “Qatar’s International Reserves Just Plunged 30% In One Month”

Yes, looking at the scale, that is a plunge.

Fight terrorism, that is “rich” (pun intended) coming from almost any middle eastern country. Saudi Arabia is full of camel sh*t, I mean “commmme oooon”. This has escalation written all over it with Saudi fingerprints everywhere.