FRANK26: "EXCHANGE RATE BACK UP CONTINUES TO GROW WHILE IT WAITS FOR THE NEW EXCHANGE RATE".....F26
Central Bank reveals its gold reserves
3/11/2025
The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed today, Tuesday, that Iraq has one of the highest gold reserves among Arab countries,
amounting to 162 tons.
Al-Alaq said in a press statement that "the Central Bank is closely monitoring the movement of gold and currencies," noting that "part of diversification to ward off any risks is to have a percentage of gold reserves, especially in recent years there have been continuous purchases."
He added that "Iraq today has 162 tons of gold, which is one of the highest reserves in the Arab world, and we are the fourth country in the size of the gold reserves we have."
He added that "Iraq today has 162 tons of gold, which is one of the highest reserves in the Arab world, and we are the fourth country in the size of the gold reserves we have."
