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Central Bank denies low reserves of gold and confirms the stability
02/01/2013 - 12:08 pm | Readers: 11
Denied the Iraqi Central Bank, Friday, reports by the media about the low reserves of gold, stressing that it saw stable over the past several months.
The bank said in a statement issued today, said that "no truth to the news reported by some media about the low Bank reserves of gold," asserting that this reserve "witnessed stable over the past months." the bank said "reserves now total 29.790 tonnes."
The International Monetary Fund revealed, in (January 26, 2013), that Iraq cut reserves of gold by a quarter to reach to 29.9 tons in November 2012, pointing out that the reserves in September and October of last year reached to 39.4 tons.
Noteworthy that Iraq has taken a major step to strengthen its reserves of gold in the past few months to join other central banks of emerging market economies such as Brazil and Russia to diversify its foreign reserves.
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02/01/2013 - 12:08 pm | Readers: 11
Denied the Iraqi Central Bank, Friday, reports by the media about the low reserves of gold, stressing that it saw stable over the past several months.
The bank said in a statement issued today, said that "no truth to the news reported by some media about the low Bank reserves of gold," asserting that this reserve "witnessed stable over the past months." the bank said "reserves now total 29.790 tonnes."
The International Monetary Fund revealed, in (January 26, 2013), that Iraq cut reserves of gold by a quarter to reach to 29.9 tons in November 2012, pointing out that the reserves in September and October of last year reached to 39.4 tons.
Noteworthy that Iraq has taken a major step to strengthen its reserves of gold in the past few months to join other central banks of emerging market economies such as Brazil and Russia to diversify its foreign reserves.
[You must be registered and logged in to see this link.]
