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Tag: Gold Reserves

CBI is Expected to Buy More Gold in The Coming Months

CBI is Expected to Buy More Gold in The Coming Months

The central bank of Iraq is planning to buy more gold in the near future to stabilize the currency against other currencies of the world. Parliamentary finance committee of Iraq announced that central bank of Iraq will purchase more gold in the near future depending on the need of the country. The central bank of Iraq purchased 36 tons of the gold ingots last month that made its gold reserves double. After this purchases the total amount of the gold…

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