Report: Iraq is the fifth Arab and 37 of the world gold reserves rank

Report: Iraq is the fifth Arab and 37 of the world gold reserves rank

01/11/2015 11:57 GMT

Report - Iraq is the fifth Arab and 37 of the world gold reserves rankFollow-up – and babysit – World Gold Council, announced that Iraq was ranked 37 globally and fifth gold reserves of the Arab world, while the United States ranked first globally the first Arab and Saudi Arabia.
The council said in a report, on Sunday, “The International Monetary Fund and the deployment during its current report for 2015 that Iraq was ranked 37 globally out of 100 countries were included in the report of the gold reserves,” noting that “Iraq’s gold reserves amounted to 89.8 tons.”

World Council added that “Iraq occupied Arab fifth place after Saudi Arabia, Lebanon, Algeria and Libya,” he said, adding that “the value of gold stood at 4.9% of Iraq Ahitattiyat of hard currency.”

The Council noted that “the United States, which has more than 8133 tons, ranked first for the gold reserves, followed by Germany in second place, while Albania ranked last of possessing one tonne and 600 kilograms.”

The central bank decided in January 23, 2014 SEC variety of alloys of pure gold weights ranging between (50 g and 1000 g) to sell to dealers in gold, investors and segments of society wishing to do so in Iraqi dinars.

alrayy.com