The central bank's reserve of foreign currency rises in June to 55.7 billion dollars




Economy News Baghdad

The Central Bank of Iraq announced on Sunday the rise of foreign currency reserves during the month of June to 55.7 billion dollars.

A source in the Central Bank of Iraq declined to disclose its name to "Economy News", "The central bank reserves rose during the month of June to 55.7 billion dollars."

He added that "the rise in foreign exchange reserves is due to successful management and better investment," noting that "Iraq is one of the countries that fully secured their reserves of foreign currency to cover demand by more than 100% of the dollar.

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