PM:09:39:27/06/2022
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SULAIMANI — The Central Bank of Iraq said on Monday (June
27) Iraq ranks 30th worldwide in its gold reserves and fourth in the Arab
world.
The bank said in a statement the country’s gold reserves
have reached more than 130 tons.
the statement also said Iraq has bought 34 tones of gold,
increasing its reserves by 35 percent.
Increasing the gold reserve is the goal of Iraq’s Central
Bank.
Iraq’s oil revenue has been increasing due to the high price
of oil. In May, the country’s oil income topped $11 billion from exporting 102
million barrels.
(NRT Digital Media)