Iraq’s foreign reserves have declined by more than $11 billion.
Iraq’s foreign reserves have declined by more than $11 billion.
2026-08-24
Shafaq News – Baghdad
Data from the Central Bank of Iraq on Monday showed that Iraq’s foreign reserves fell to $86.175 billion at the end of June 2026, a decrease of $11.257 billion, or 11.6%, compared to the end of 2025, when they stood at $97.432 billion.
According to data seen by Shafaq News Agency, foreign reserves declined during the first months of 2026, after rising to $101.082 billion in January, then to $102.131 billion in February, then to $100.341 billion in March, then $97.809 billion in April, $93.673 billion in May, and finally to $86.175 billion at the end of June.
This decline was also reflected in the value of foreign reserves in Iraqi dinars, as they decreased from 126.661 trillion dinars at the end of 2025 to 112.027 trillion dinars at the end of June 2026, a decrease of 14.634 trillion dinars, or 11.6%.
Regarding gold, the data showed a decrease in its value from 31.488 trillion dinars at the end of 2025 to 29.415 trillion dinars at the end of June 2026, a decrease of 2.073 trillion dinars, or 6.6%.
Investments within reserves also declined from 93.266 trillion dinars at the end of 2025 to 81.998 trillion dinars at the end of June 2026, a decrease of 11.268 trillion dinars, or 12.1%.
As for the cash reserves in the vaults of the Central Bank of Iraq, they decreased from 1.907 trillion dinars at the end of 2025 to 614 billion dinars at the end of June 2026, a decrease of 1.293 trillion dinars, or about 67.8%.
On a monthly basis, foreign reserves in June recorded a decrease of about $7.498 billion, compared to $93.673 billion at the end of May, while the value of gold decreased by about 3.88 trillion dinars, and investments by about 6.116 trillion dinars, while the cash assets in the Central Bank’s vaults increased from 366 billion dinars to 614 billion dinars.
shafaq.com
