Friday, August 29, 2025

Iraq’s Central Bank Doubles Gold Reserves in Just 3 Years! πŸ”₯πŸ“ˆ

πŸ¦πŸ’° Iraq’s Central Bank Doubles Gold Reserves in Just 3 Years! πŸ”₯πŸ“ˆ

Highlights:

  • πŸ›️πŸ“Š The Central Bank of Iraq has dramatically shifted its asset structure between 2022 and 2025, doubling its gold reserves from 6% to 12.6% of total assets!

  • πŸ’Ž✨ This significant increase reflects a strong move toward solid, tangible assets, boosting the bank’s financial stability.

  • πŸ“‰πŸ“‰ Meanwhile, securities—still the largest asset category—fell from 37% in 2022 to 27% in 2025, showing a strategic rebalancing of investments.

  • πŸ¦πŸ’΅ Deposits of the Central Bank with other banks also increased slightly, from 24.7% to 26%, indicating more liquidity in the system.

  • πŸ€“ Economic expert Munir Al-Obaidi notes this trend as a positive sign of strengthening Iraq’s financial foundations amid ongoing economic reforms.

  • πŸ˜‚ (And yes, someone’s definitely showing off their gold stash! πŸ˜‰)


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