Iraq Increases Currency and Gold Reserves

Last Update: 2022-08-27 00:00:00- Source: Iraq Business News

By John Lee. The Central Bank of Iraq (CBI) reportedly expects cash reserves to reach $90 billion by the end of this year, up from about $80 billion currently. CBI Deputy Governor, Ammar Khalaf, told the Iraqi News Agency (INA) that the increase is a result of higher oil prices. He added that gold reserves […]

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