A new rise in the reserves of the Central Bank of Iraq
Economie
Yesterday, 21:08
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Baghdad - INA - Nassar Al-Hajj
The Central Bank of Iraq announced today, Thursday, a new rise in the bank's foreign exchange reserves.
The Deputy Governor of the Central Bank, Ihsan Shamran Al-Yasiri, told the Iraqi News Agency (INA), that "the foreign reserves of the Central Bank of Iraq witnessed a 14% increase compared to what they were on 31/12/2020."
Al-Yasiri added: "It was worth 54.501 billion dollars, to reach on 22/9/2021 (yesterday), to 62.155 billion dollars, an increase of 7.654 billion dollars."
And Prime Minister Mustafa Al-Kazemi announced, last April, that the Central Bank's foreign currency reserves had risen to more than $60 billion.
Al-Kazemi said, in a statement received by the Iraqi News Agency (INA), that "the central bank's foreign currency reserves rose to more than 60 billion dollars, after it was 51.9 billion before the start of the reform measures for this government."
The Prime Minister added, "The increase came as a result of the reform measures taken by the government after many bet on their failure and non-continuity," adding, "We succeeded in stopping the waste and great corruption in the notorious Central Bank auction, and we are proceeding with our procedures and we will not stop."