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Central Bank: Iraq classification in the first nations reserves of gold

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dealerdean


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BAGHDAD / Baghdadi News / .. Central Bank of Iraq, on Thursday, said Iraq had become the first in the corps of the rankings in gold reserves, after purchased 60 tons of gold recently.



According to a statement issued by the Central Bank received / Baghdadi News / copy of it, that "the Iraqi Central Bank reserves amounted to 90 tons after buy 60 tons during the last two months from different directions."

He added that "the process of buying quantities of gold comes as part of the diversification of the reserves and support the national currency against other currencies."

He said the bank, said that "gold reserves tripled from what it was the end of 2012, which contributed to raising the rating of Iraq and put it on the wire first in the rankings of bank reserves of gold."

The statement issued by the central bank, yesterday, had stressed that "the Iraqi Central Bank decided to diversify the means of saving for the public with the decision to work on a contract to import gold bullion for the purpose of selling them to jewelers and investors as part of their savings," he said, adding, "The Bank has contracted with one of the largest companies Global manufacturing gold bullion pure gold weights (5 g to 1000 g) to sell to the public, and that the total amount of gold that will be minted about 11 tons and the public's demand for light manufacturing additional quantities will be


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