|Saturday February 4, 2017 10:12
News / Baghdad
It announced the World Gold Council , the Sabbath, from high world reserves of gold a month in February, pointing out that Iraq maintained a fifth of the Arab world 's reserves rank.
The Council stated in a statistical posted on his and seen Alsumaria News on them, that "the world's gold reserves rose for the month of February by 11 tons for the month of January to reach 33,259 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133 0.5, followed by Germany with 3.377 tons. "
He said the Council, that "Iraq has maintained its 37th place globally out of 100 countries listed in the International Financial Statistics of global reserves of gold during the month of February of the year 2017 , " noting that "Iraq came fifth Arab rank after all of Saudi Arabia, Lebanon and Algeria and Libya ".
The council said that "Iraq's gold reserves are held constant which reported 89.8 tons, representing 7.0 of the rest of the other currencies," noting that "the last purchase of gold for Iraq was in the month of April 2014 where 15.16 tons bought."
The central bank decided in January 232,014 sic variety of alloys of pure gold ranging between weights (50 g and 1000 g) to sell to traders in gold, investors and segments of society wishing to do so in Iraqi dinars.