Article: “IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES” So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.