The central bank attributed the increase in Iraqi reserves of the dollar to the stability of oil export imports, which it said reflected on the financing of external trade activity and support for the dinar.
The deputy governor of the bank, Imad Hamad Khalaf, said in press statements followed by “Economy News”, that the Central Bank of Iraq recorded an increase in its reserves of more than $100 billion currently.
Khalaf added that “the stability of Iraqi oil export imports contributed to an increase in monetary reserves and was also reflected in the financing of external trade activity and support for the dinar.”
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