By John Lee.
The Central Bank of Iraq (CBI) reported that the value of its gold reserves increased in the third quarter of 2025, rising to 27,552 billion Iraqi dinars (approximately $21.0 billion), up from 16,817 billion Iraqi dinars (approximately $12.8 billion) in the same quarter of 2024.
This represents an increase of 64 percent.
The bank noted that gold constitutes a significant portion of the country's foreign reserves, is highly liquid, and supports the national currency by providing a hedge against inflation.
See also:
Iraqi Central Bank Reduces Supply of Dinars
(Source: Central Bank of Iraq)
The post Major Increase in Iraqi Gold Reserves first appeared on Iraq Business News.
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