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

08-07-2018 11:41 AM


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

A source in the Central Bank of Iraq said in a press statement that 'the reserves of the central bank roseduring the month of June to 55.7 billion dollars'.

The source, who asked not to be named, said that 'the rise in foreign currency reserves is due to successful management and better investment for him.' He pointed out 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'.