Iraq’s central bank’s foreign currency reserves have decreased.

The Central Bank of Iraq announced on Wednesday that its foreign currency reserves had decreased at the end of October of last year.

The bank said in an official statistic seen by Shafaq News Agency that “foreign currency reserves at the Central Bank as of October 31 of last year amounted to $97.582 billion, or the equivalent of 126.857 trillion dinars,” indicating that it decreased compared to September, in which these reserves amounted to $98.155 billion, or the equivalent of 127.601 trillion dinars.

He added that these reserves have increased compared to August of last year, when they amounted to $94.641 billion, equivalent to 123.033 trillion dinars.

The bank noted that reserves also decreased compared to 2024, when they amounted to $100.267 billion, or the equivalent of 130.347 trillion dinars, and also recorded a decrease compared to 2023, when reserves amounted to $111.736 billion, or the equivalent of 145.257 trillion dinars.

Shafaq.com