Iraq occupies the fifth place in the Arab world reserves of gold

Iraq occupies the fifth place in the Arab world reserves of gold

Wednesday 16 March 2016 12:27

Iraq occupies the fifth place in the Arab world reserves of goldAlsumaria News / Baghdad
occupied Iraq , the fifth Arab position in its gold reserves over the report , which the World Gold Council issued for the month of March of this year , 2016. The international financial statistics released by the World Gold Council for the current month of March that “Iraq is ranked fifth Arab world only to Saudi Arabia and Lebanon and Algeria and Libya , “pointing out that” the value of gold stood at 5.9% of the Iraq Ahitattiyat of hard currency. ”

And it showed statistics that “Iraq retains Baanaatyate of gold unchanged, which amounted to 89.8 tons , ” pointing out that “Iraq was ranked 37 globally out of 100 countries were included in these statistics.” Confirmed the statistics show that “the world’s gold reserves amounted to 32 813 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5, followed by Germany with 3.381 tons. ” bought Central Bank in April 2014. the last quantities of gold , which amounted to 15.16 tonnes of gold bullion pure, noting that bullion purchased are of purity is very high and in accordance with international standards. founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including policies exchange rates being sessions a day for buying and selling currencies.

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