Iraq ranked 37th globally in terms of gold reserves

Iraq ranked 37th globally in terms of gold reserves


 Baghdad / term

World Gold Council, announced the end of the week, for the world 's reserves of gold rise in the month of May, pointing out that, Iraq has maintained its fifth Arab rank global reserves of gold, while maintained its position of "37 globally out of 100 countries listed in the International Financial Statistics global reserves of gold. "
The World Gold Council announced on 4 February -2017, rising world gold reserves for the month of February, noting that, Iraq has maintained its fifth Arab rank of global reserves.
The Council stated in statistics published on its website that "the world 's gold reserves rose for the month of May by 45 tons for the month of April, reaching 33 thousand and 374 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5, followed by Germany B3.377 tons. "
He said the Council that "Iraq has maintained its fifth among Arab countries in terms of these reserves , as they came after both Saudi Arabia, Lebanon, Algeria and Libya , " noting that "Iraq has maintained the 37th place worldwide out of 100 countries listed in the international financial statistics for global reserves of gold during the month of May of the year 2017 ".
The Council noted that "Iraq 's reserves of gold remained constant, as recorded 89.8 tonnes, representing 7.9 of the rest of the other currencies , " he said, adding that " the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought."
The central bank decided in January 2014 23, seek a variety of alloys of pure gold ranging between weights (50 g and 1000 g) to sell to gold traders, investors and segments of society wishing to do so in Iraqi dinars.
The Central Bank of Iraq announced, in April of 2014, the arrival of gold reserves to 90 tons to support the value of the Iraqi dinar.
The 10 countries with the largest gold reserves in the world, the United States, occupies the first place globally and owns 8133 tons of gold, followed by Germany and owns 3384 tons of gold, then Italy has 2451 tons of gold, and comes France ranked fourth and has 2435 tons of gold, then a fifth Russian come and owns 1094 tons of gold, then China has about 1054 tons of gold, then come Switzerland and owns 1040 tons of the precious metal, then comes Japan and owns 765.2 tons of gold, then comes the Netherlands ninth rank owns 612.5 tonnes of gold , and come X. India and has about 557.7 tons of gold.


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