CBI: Gold reserves leap to more than 130 tons
Economy 06:28 PM - 2022-06-27
Central Bank of Iraq – CBI announced on Monday, that Iraq has finished ten ranks in the most gold reserves countries, bringing the total of 130.39 tons, as it ranked thirty worldwide and fourth in the Arab.
“New quantities of gold with approximately 34 tons are being purchased, as an increase of 35% of what was in its possession, for this increase came within the framework of CBI strategy to manage the assets with what achieves the highest levels of stability and the ability to face local and international economic variables," according to a statement by CBI.
The statement included that "gold is one of the most important assets that central banks and international financial institutions maintain. It is a safe haven in the conditions of uncertainty, because of acceptance at the international level.”
PUKmedia/INA
More news
-
Iraqi President Receives Palestinian President in Bahrain
12:33 PM - 2024-05-16 -
Pire: PUK Seeks Political Stability
01:52 PM - 2024-05-15 -
Qubad Talabani: Kurdish Teachers Have Always Defended & Sacrificed for Our Nation
09:43 AM - 2024-05-15 -
IHEC Resumes Elections' Preparation in Kurdistan Region
11:32 AM - 2024-05-14
see more
P.U.K 10:52 PM - 2024-05-17 PUK President: Cooperation is Key for Establishing Unified Peshmerga Force
Darbaz Kosrat Rasul: U.S. Significantly Values on PUK's Viewpoints
04:00 PM - 2024-05-17
PUK's Appeal is Accepted, Suspension of Elections' Activities is Lifted
09:16 PM - 2024-05-16
Qubad Talabani & U.S. Delegation Emphasise Collaboration in Energy Sector
06:57 PM - 2024-05-16
PUK President: Long-term Economic Stability Requires a New National Policy
03:05 PM - 2024-05-16
Most read
-
Darbaz Kosrat Rasul: U.S. Significantly Values on PUK's Viewpoints
P.U.K 04:00 PM - 2024-05-17 -
PUK President: Cooperation is Key for Establishing Unified Peshmerga Force
P.U.K 10:52 PM - 2024-05-17