The Central Bank of Iraq revealed the high foreign exchange reserves, the quantities of gold available as a strategic stock, and its progress in the global classification among the countries with the most gold reserves. The statistics showed that the cash reserve rose from the dollar until the end of May 2023 to $ 111.7 billion, from about $ 77 billion one year ago.
Gold reserves rose to 132.7 tons from 96.4 tons a year earlier. According to the same statistics, Iraq ranked 30th globally in gold reserves, eight places higher than in May 2022.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
