Iraq’s reserves of gold rise to more than 132 tons
Iraq’s reserves of gold rise to more than 132 tons
05-30-2023
Today, Tuesday, the Central Bank of Iraq announced that the Iraqi reserves of gold have increased to more than 132 tons.
And the media office of the bank stated in a statement, that “the purchase of new quantities of gold of approximately 2.3 tons, which resulted in an increase in its holdings of this metal by 1.79%, bringing its total to (132.74) tons, maintaining its sequence in the rank (30) within Ranking of gold holdings of the countries of the world.
He added, “The purchase came with the aim of increasing its gold holdings in light of the economic and political conditions the world is witnessing.”
He pointed out that “gold is one of the most important components of the reserves held by banks and international financial institutions, as these banks and institutions constantly increase their reserves of this metal, because of this measure’s positive impact on the financial solvency of these institutions and the creditworthiness of their countries.”
dijlah.tv
