Legal expert: The Central Bank is following a wise policy in diversifying its investments.
Legal expert: The Central Bank is following a wise policy in diversifying its investments.
2025/09/22
Legal expert Salah Nouri confirmed on Monday that the Central Bank of Iraq is adopting a wise policy to diversify its investments, balancing investments in gold and US bonds to bolster its financial reserves.
Nouri told Al Furat News Agency, “Central banks around the world, including the Central Bank of Iraq, are pursuing a diversification strategy to avoid risks and achieve the best returns in the long term.”
He added, “Investing in US bonds is a key option for achieving stable, periodic returns, but it is affected by the decisions of the US Federal Reserve, as investment in them tends to decline when interest rates are lowered.”
The legal expert continued, “Central banks compensate for this shortfall by turning to gold, which is considered a safe haven during times of economic crisis.” He explained that “gold does not provide fixed annual returns like bonds. Rather, its profits depend on the difference between the buying and selling prices, making it a strategic investment for preserving asset value.”
alforatnews.iq
