Iraq’s Central Bank Governor, Ali Al-Alaq, confirmed today that the country holds 162 tons of gold, ranking among the highest reserves in the Arab world.
Al-Alaq emphasized that the Central Bank actively monitors the movement of gold and currencies. He explained that holding gold is part of Iraq’s strategy to diversify its reserves and mitigate risks.
He also noted that Iraq’s gold reserves have grown steadily in recent years, with continuous purchases contributing to its position as the fourth-largest holder of gold in the Arab region.