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Iraq buys 36 tonnes of gold to the strengthening of the currency

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dizzydee
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Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by dizzydee on Sat 28 Feb 2015, 1:48 pm

2015 | 03:18



Iraq buys 36 tonnes of gold to the strengthening of the currency


BAGHDAD / .. of the Finance Committee in the House of Representatives on Saturday revealed, for the purchase of Iraq's 36 tons of gold bullion to strengthen the Iraqi currency.

Said committee member Ahmed Hama, told the "eye Iraq News," The Iraqi government has bought 36 tons of gold bullion to raise the value of the Iraqi currency in the global markets and thereby became Iraq is ranked 37 among the nations of the world. "

Hama added that the move to buy gold will lead to raising the efficiency of the Iraqi economy in the near future, a task and an initiative approved in some countries, economic, indicating that Iraq is ranked fifth among Arab countries.

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Neno
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by Neno on Sat 28 Feb 2015, 1:50 pm

Is this an additional 36 tones to the last purchase or a rehash of the last, anyone know?


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dizzydee
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by dizzydee on Sat 28 Feb 2015, 1:56 pm

It was sent to me today so I really don't know Neno. I do know that I like the sound of this part:

bought 36 tons of gold bullion to raise the value of the Iraqi currency in the global markets
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by fonz1951 on Sat 28 Feb 2015, 2:30 pm

just did a search and the best i can determine from it is this is an old article.iraq did buy 36 tons, and added to what they already have puts their total gold reserves at 62 tons.
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by dizzydee on Sat 28 Feb 2015, 2:32 pm

Thanks Fonz.
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by Neno on Sat 28 Feb 2015, 2:39 pm

No biggy dizzy, figured others would remember or investigate it like fonz did. Ty for thr post and ty fonz for looking back, I'm just busy today doing nothing.... Lol


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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by wayoutnow on Sat 28 Feb 2015, 2:45 pm

Iraq has 148 tons of gold now 37th in the world $!!!!!!!!!
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by fonz1951 on Sat 28 Feb 2015, 2:59 pm

[You must be registered and logged in to see this link.] wrote:Iraq has 148 tons of gold now 37th in the world $!!!!!!!!!

yeah, i just came back from searching further and found where they now have 147. 5 tons so i guess it a recent article as i found that the 36 tons was march 2014, must have bought more since.cant figure out though where and how it went from 62 tons to the 147.5, that's 86 tons since march 2014.
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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by Neno on Sat 28 Feb 2015, 3:05 pm

I think, this year was reported 48 tons purchased at the end of 2014. But, i remember a 36 ton purchase mentioned resent as well.


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Re: Iraq buys 36 tonnes of gold to the strengthening of the currency

Post by dizzydee on Sat 28 Feb 2015, 3:12 pm

[You must be registered and logged in to see this link.] wrote:I think, this year was reported 48 tons purchased at the end of 2014. But, i remember a 36 ton purchase mentioned resent as well.
I was just told that the 36 tons was posted in Feb. of this year.?

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