Iraq’s central bank reserves fall in November
Iraq’s central bank reserves fall in November
2025-02-17 01:46
Shafaq News/ The Central Bank of Iraq revealed that its net foreign reserves decreased by 1.59% during November 2024, compared to the previous month.
The bank explained in a report seen by Shafak News Agency that “net foreign reserves decreased to 137.09 trillion dinars, compared to October, when it reached 139.31 trillion dinars, and also recorded an annual decline compared to the same period in 2023, when reserves were 147.148 trillion dinars.”
The report added that “the annual growth of these reserves witnessed a decrease of 7.05%.”
On the other hand, the bank pointed out that “the dollar exchange rate decreased in the parallel market during the month of November, reaching 1,510 dinars against the dollar, compared to October, when it recorded 1,520 dinars.”
shafaq.com
