Iraq Expects Record Currency Reserves by end-2022

Last Update: 2022-05-26 00:00:00 - Source: Iraq Business News

By John Lee. The Iraqi Minister of Finance has said that Central Bank of Iraq (CBI) reserves are expected to exceed $90 billion by the end of 2022, a new record for the country. Addressing the Iraqi Cabinet, Ali Allawi (pictured) said that "the recovery in oil prices and prudent financial management helped boost reserves […]

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