Article: “Government advisor: The dollar exceeds 40% of Iraq’s foreign currency reserves ” Quote: “The financial advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed on Wednesday …the US dollar accounts for more than 40% of Iraq’s investment portfolio of foreign reserves, noting that this is due to the fact that oil revenues are received in dollars…According to the Central Bank, Iraq has foreign exchange reserves of 130.8 trillion dinars, including 162.6 tons of gold.”
Clare
