A report issued by the Central Bank of Iraq showed that gold reserves grew by 45.1 percent during the last quarter of last year.
According to the bank, its gold reserves grew by 45.1 percent in the fourth quarter of 2024 compared to the same quarter of 2023, rising from 12.29 trillion dinars to 17.83 trillion dinars as a result of the increase in the quantity and prices of gold.
The bank expected that the increase in gold reserves would contribute to strengthening economic and financial stability and protecting it from risks, and it is also considered an important tool for intervening in the exchange market.
Source (Al Arabiya.net website, modified)
