Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the foreign reserve in the bank.
“The central bank has a foreign reserve of more than $100 billion,” Al-Alaq said in a press statement.
“We have more than 130 tonnes of gold reserves, most of which are in England,” he added.
Al-Alaq pointed out that “the volume of trade with the UAE is up to 17 billion dollars and is paid in UAE dirhams.”
Al-Alaq pointed out that “Abu Dhabi First Bank is the one that handles the process of commercial transfers in UAE dirhams.”
