Significant Rise in Iraq's Gold and Foreign Currency Reserves

Recent data from international financial institutions showed a record rise in the Central Bank of Iraq's reserves of foreign currencies and gold, surpassing the $100 billion mark for the first time in decades. This increase is attributed to the stability of global oil prices and the increased efficiency of financial asset management by Iraqi staff. Economic experts noted that this growth in reserves strengthens Iraq's creditworthiness before international institutions and provides it with greater flexibility in facing global economic shocks. This massive balance also contributes to supporting the value of the national currency and providing a secure financial cover for government and private sector imports, enhancing confidence in the local investment environment and attracting foreign capital.


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Significant Rise in Iraq's Gold and Foreign Currency Reserves

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08 Apr 2026
1 min read