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Foreign reserves of Iraq increases

Category: Economy

Date: 2020-02-20T08:27:05+0000
Foreign reserves of Iraq increases

Shafaq News / The Central Bank revealed a rise in the country's reserves of hard currency during the past year, by more than 5 % compared to 2018, with growth in investment portfolios and gold bars.

An official source at the Central Bank told the semi-official newspaper, Al Sabah, in its Thursday edition that "the data of the annual report of foreign reserves showed a positive performance in the past year compared to 2018, as these reserves grew by 5.52 % as a result of an increase in the Central Bank's purchases of American dollars ".

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