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The central bank is boosting its reserves of gold to 96 tons

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rocky
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The central bank is boosting its reserves of gold to 96 tons

Post by rocky on Wed 05 Sep 2018, 6:35 am

The central bank is boosting its reserves of gold to 96 tons

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The Central Bank of Iraq (CBE) announced on Wednesday that it will increase its reserves of gold by 6.5 tons (six tons and a half tons) to a total of 96 tons of gold. 
The central bank said in a statement received by the Economist News, a copy of it, that "the strengthening of our reserve of gold (6.5) tons (six tons and a half tons) to become a total balance of gold 96 tons, as part of the policy of managing the reserves of the bank in diversification Investment assets ". 
He added that he "invested in the fall of precious metal prices to carry out the purchase of the additional quantity that was made in cooperation with the French Central Bank."


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