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Parliamentary reveals Iraq's oil reserves and gold
22/8/2015
Iraq reserves of 59 billion dollar, and gold 90 tons
Roudao - Baghdad revealed the decision the parliamentary finance committee, said Iraq reserves of wealth of $ 59 billion, and 90 tons of gold, stressing that the country's reserves decline year after year, the main reason for the drop in oil prices, which amounts to $ 40 per barrel.
said Ahmad Haji Rashid, the network Roudao media, "said reserve the wealth of Iraq fall year after year gradually, and in particular the dollar reserves, and who knows the Fed, and so declined significantly compared with recent years." He added Rashid "that Iraq reserves from the dollar in 2013 in the bank CBI, amounted to $ 84 billion, and in 2014 dropped to $ 77 billion, and in the current 2015 fell to its lowest level $ 59 billion, and the reason is linked to a decline of the dollar. " According to what indicated by the MP, that Iraq's oil revenue of $ 150 million, But the central bank pumped $ 300 million a day in the markets, and this is what a negative impact on the country's reserve of the dollar. He pointed out that it is different for gold reserves, where Iraq's reserves of gold has risen compared to previous years, in 2013, gold reserves reached 29 tons, but now the country has a reserve of 90 tons of gold, and if the oil price decline in this way and who arrived at the $ 40 per barrel, it is possible that the continued negative impact on Iraq's reserves of gold and the other is experiencing decline.
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22/8/2015
Iraq reserves of 59 billion dollar, and gold 90 tons
Roudao - Baghdad revealed the decision the parliamentary finance committee, said Iraq reserves of wealth of $ 59 billion, and 90 tons of gold, stressing that the country's reserves decline year after year, the main reason for the drop in oil prices, which amounts to $ 40 per barrel.
said Ahmad Haji Rashid, the network Roudao media, "said reserve the wealth of Iraq fall year after year gradually, and in particular the dollar reserves, and who knows the Fed, and so declined significantly compared with recent years." He added Rashid "that Iraq reserves from the dollar in 2013 in the bank CBI, amounted to $ 84 billion, and in 2014 dropped to $ 77 billion, and in the current 2015 fell to its lowest level $ 59 billion, and the reason is linked to a decline of the dollar. " According to what indicated by the MP, that Iraq's oil revenue of $ 150 million, But the central bank pumped $ 300 million a day in the markets, and this is what a negative impact on the country's reserve of the dollar. He pointed out that it is different for gold reserves, where Iraq's reserves of gold has risen compared to previous years, in 2013, gold reserves reached 29 tons, but now the country has a reserve of 90 tons of gold, and if the oil price decline in this way and who arrived at the $ 40 per barrel, it is possible that the continued negative impact on Iraq's reserves of gold and the other is experiencing decline.
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