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Iraq is fourth among the Arab oil countries in its ownership of US Treasury bonds

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Iraq is fourth among the Arab oil countries in its ownership of US Treasury bonds

Post  RamblerNash on Sun Sep 16, 2018 12:09 pm

Iraq is fourth among the Arab oil countries in its ownership of US Treasury bonds



Central Bank of Iraq
 
16/09/2018

Economy News Baghdad:

The Central Bank of Iraq that the ownership of US Treasury bonds for June 2018 rose by (24.0) billion dollars compared to (14.3) billion dollars for the month of August 2017, an increase of 67.8 %

The central bank said in a press statement received by "The Economist News", "In this rise, Iraq ranks (fourth) among some oil countries in the ownership of US Treasury bonds, with Saudi Arabia ranked first in investment in US bonds and bonds worth (164.9) billion ($ 137.9) billion for the month of August 2017, while the UAE came in second place with a total investment of (59.6) billion dollars compared to (55.9 billion dollars in 2017) and Kuwait came third with (42.9 ) billion dollars .

He stressed that " for the foreign currency reserve for Iraq, this bank confirms that he also rose for the month of June 2018 to record (54) billion dollars compared to (46.2) billion dollars for the month of August 2017, an increase rate (16.9%) and came Iraq's ranking (third) Arab countries, where the Kingdom of Saudi Arabia ranked first with foreign exchange reserves amounting to (508) billion dollars within the Arab countries, while the United Arab Emirates ranked second by (171) billion dollars.

http://economy-news.net/content.php?id=13676
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