The Governor of the Iraqi Central Bank reveals the amount of the bank’s reserves of dollars and gold - 4/20/2024

[ronscarpa]

The Governor of the Iraqi Central Bank reveals the amount of the bank’s reserves of dollars and gold

EconomyCentral Bank Of Iraq

 

2024-04-20 23:03

 

Shafaq News / The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed the amount of the bank’s reserves of US dollars and gold. 

Al-Alaq told the CNBC Arabic website that the Central Bank has a foreign reserve of more than 100 billion dollars, indicating that the bank’s gold reserves amount to more than 130 tons, most of which are located in England.

 

Speaking about Iraqi foreign trade, Al-Alaq pointed out that the volume of trade with the UAE amounts to 17 billion dollars and is paid in UAE dirhams, pointing out that the First Abu Dhabi Bank is the one responsible for the trade transfers in UAE dirhams.

https://www.shafaq.com/ar/اقتصـاد/محافظ-المركزي-العراقي-يكشف-كمية-احتياطات-البنك-من-الدولار-والذهب

[NMP2017]

Ya got the means now give the IQD value/worth! It should be at least as valuable as the UAE (minimum) or KWD! Get some Iraqi pride! 😁

[Laid Back]

I read on another article that gold reserves are 137.7 Tons.

 

Go Stronger Dinar.!

[bigwave]

[3n1]

18 hours ago, NMP2017 said:

Ya got the means now give the IQD value/worth! It should be at least as valuable as the UAE (minimum) or KWD! Get some Iraqi pride! 😁

 

NMP2017 for cbi gov. ...... cheers

[NMP2017]

22 minutes ago, 3n1 said:

 

NMP2017 for cbi gov. ...... cheers

Thanks for making me laugh! Needed it today! God bless ya!

[horsesoldier]

Another 20 years they'll have it nailed and ready for the global currency 😄 Just kidding here...15 Years Tops!!!

[bigwave]

6 hours ago, horsesoldier said:

15 Years Tops!!!

I am sure I am speaking for others too horsesoldier when I say I just love that optimism. 

[horsesoldier]

12 hours ago, bigwave said:

I am sure I am speaking for others too horsesoldier when I say I just love that optimism. 

No negative waves here. My cautious optimism walks hand in hand with cynicism & sarcasm.

Sometimes however, it's difficult to tell the difference: when that happens I sink a drink & that gives me time to think. Then I hear the click in my head & I'm back on track (hopefully).

[unirod]

130 tons of gold at $2400 per ounce is worth well over $1 billion USD