Iraq Amasses $82 Billion in International Foreign Reserves

Posted on 10/18/2022

Iraq is in economic recovery mode thanks to rising oil prices. The Central Bank of Iraq saw international reserves reach US$ 82 billion in September 2022, the highest amount since 2003. Iraq generates around US$ 300 million per day from oil sales. The central bank expects the reserves to surpass US$ 100 billion in the…

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