The Iraqi currency reserves are expected to exceed $90 billion by the end of the year


economybreakingIraqi currencycurrency reserve

 2022-05-25 07:00A-AA+

Shafaq News/ The Iraqi Finance Minister Ali Allawi expected on Wednesday that the Iraqi currency reserves would exceed $90 billion by the end of the year.

Allawi said in a press statement that “Iraq’s currency reserves are expected to exceed $90 billion by the end of the year, from $70 billion in April, supported by high oil prices.”

He added, “The country’s foreign exchange reserves fell to an “alarming” level in 2020, when the Covid pandemic caused oil prices to collapse.

https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D8%A8%D8%AA%D8%AC%D8%A7%D9%88%D8%B2-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-90-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A8%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s