Confirms that the central bank reserves of gold about thirty tons

Admin Fri Feb 01, 2013 5:53 pm

iraqigold

BAGHDAD / obelisk: CBI revealed Friday that its gold reserves at 29.790 tons, denying a decrease in that amount during the past few months, indicating that these reserves have seen stable in recent months.

The bank said in a statement obtained by "obelisk", a copy of it, that "the central gold reserves witnessed stable over the past months and now stands at 29.790 tons."

The bank said that "the Bank is keen to raise the Special Reserve of gold in addition to the foreign currency."

Central denied "what some of the media reports on the low gold reserves of the Central Bank of Iraq."

The monthly statistical report issued by the International Monetary Fund on Friday said that Iraq's holdings of gold increased 9.6 tons in the months of September and October, bringing the total to 39.4 tonnes before falling back in November.

This decline came in November, according to the fund, only months after a significant increase in the holdings of Iraq is the first in years.

Although Baghdad's gold reserves tiny compared with the United States, which has the largest holdings are absolutely and size of 8133 tons, but Iraq remains ranked forty-fourth between more than 115 countries on the list of gold holdings to the International Monetary Fund.

The central bank announced, in August 2012, Iraq's reserves rise of hard currency to $ 67 billion, up from $ 63 billion the end of last May, as he emphasized that these reserves are the largest in the history of Iraq.

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://almasalah.com/index.php/2012-06-25-12-38-33/6644-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A-%25D9%258A%25D8%25A4%25D9%2583%25D8%25AF-%25D8%25A3%25D9%2586-%25D8%25A7%25D8%25AD%25D8%25AA%25D9%258A%25D8%25A7%25D8%25B7%25D9%258A%25D9%2587-%25D9%2585%25D9%2586-%25D8%25A7%25D9%2584%25D8%25B0%25D9%2587%25D8%25A8-%25D9%258A%25D9%2582%25D8%25A7%25D8%25B1%25D8%25A8-%25D8%25A7%25D9%2584%25D8%25AB%25D9%2584%25D8%25A7%25D8%25AB%25D9%258A%25D9%2586-%25D8%25B7%25D9%2586%25D8%25A7%25D9%258B.html&usg=ALkJrhiZc8UYS3p0j4AVsgEECa5wUBGe2Q