THE CENTRAL BANK ANNOUNCES A RISE IN CASH RESERVES TO MORE THAN 55 BILLION DOLLARS
THE CENTRAL BANK ANNOUNCES A RISE IN CASH RESERVES TO MORE THAN 55 BILLION DOLLARS
Saturday, February 27, 2021 3:19 PM
Baghdad / National News Center
Today, Saturday, the Central Bank of Iraq announced that its cash reserve has risen to more than $ 55 billion.
In a statement followed by the National News Center, the Central Bank said, “The increase in monetary reserves came as a result of high oil prices,” indicating that “the monetary reserve has now exceeded $ 55 billion.”
The central added that “the decrease in bank purchases from the outlets led to an increase in the cash reserve.”
nnciraq.com
