💰 IRAQ’S FOREIGN RESERVES SURGE & GOLD HOLDINGS STRONG 🏦✨
Iraq is making waves in the financial world with its foreign currency and gold reserves showing steady growth and global relevance.
September 2025: $98.155B (~127.601T IQD) ✅ Up $3.514B from August ($94.641B / 123.033T IQD)
July 2025: $94.714B (~123.128T IQD)
Year-on-Year: Slightly down from 2024 ($100.276B / 130.347T IQD) and 2023 ($111.736B / 145.257T IQD)
📈 The steady monthly growth shows Iraq’s
Iraq holds ~171 tons of gold, maintaining 29th place globally and 4th among Arab countries (after Saudi Arabia, Lebanon, and Algeria).
Gold accounts for 21.6% of Iraq’s foreign currency reserves.
No gold purchases were made in the first 7 months of 2025, yet Iraq retained its strong global position .
Global context:
Top holders: U.S. 8,133 tons, Germany 3,350 tons, Italy 2,451 tons
Smallest holders: Trinidad & Tobago 2.0 tons, Haiti 1.8 tons
💎 Iraq’s reserves highlight financial stability and strategic positioning, giving it notable “bragging rights” in global finance.
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📊 Iraq’s growing reserves signal a strong economic foundation and readiness for future global financial engagement.
To me, the Central Bank of Iraq (CBI) has already completed what appears to be the first major evaluation and stabilization phase of its lon...