What Are The Reasons For The Decline In The Value Of The Issued Currency Printed In Iraq?
Economy | 08/06/2025 Mawazine News – Baghdad Data from the Central Bank of Iraq (CBI) shows that the value of Iraq’s issued currency (printed) is currently at its lowest level in a year.
According to the latest statistical data on the currency issued in Iraq in April 2025, the value of the issued currency (printed) amounted to 98.4 trillion Iraqi dinars, down from 99.8 trillion Iraqi dinars in March 2025.
This value of money issued in Iraq is the lowest in two years, specifically since March 2024, when the issued currency reached 98.3 trillion Iraqi dinars. https://www.mawazin.net/Details.aspx?jimare=262289
Stock Market: The Dollar Price Stabilizes In Local Markets
Buratha News Agency 211 2025-06-08 The dollar exchange rate in local markets in the capital, Baghdad, witnessed remarkable stability on Sunday, June 8, 2025. The selling price of the dollar reached 142,000 Iraqi dinars per 100 US dollars, while the buying price recorded 141,000 Iraqi dinars.
In Erbil, the selling price of the dollar was 141,750 dinars per $100, while the buying price was 141,500 dinars. In Basra Governorate, the selling price was 141,750 dinars per $100, while the buying price was 141,250 dinars.
This stability reflects a state of balance in the local currency market amid continued trading activity in Iraq’s various governorates. https://burathanews.com/arabic/economic/461068
Iraq Drops To 29th Place Among Countries With The Highest Gold Holdings In The World
Sunday, June 8, 2025 | Economic Number of readings: 34 Baghdad / NINA / Iraq dropped one place in the ranking of countries with the largest gold reserves in the world.
The World Gold Council stated, in a table, that “Iraq ranked 29th out of 100 countries listed in the table, after it was ranked 28th globally, and ranked fourth in the Arab world after Saudi Arabia, Lebanon and Algeria.”
It added, “Iraq’s gold holdings amounted to 162.7 tons, representing 12.9% of its total other reserves.”
The table indicated that “the United States of America tops the list of the largest gold holders in the world, followed by Germany, then Italy, while Iceland and Tobago came at the bottom of the list.” / End
https://ninanews.com/Website/News/Details?key=1232246
Iraq’s Oil Exports To The US Declined Last Week
Sunday, June 8, 2025 | Economic Number of readings: 127 Baghdad/ NINA / The US Energy Information Administration announced a decrease in Iraqi exports to the United States during the past week.
The administration stated in a table that “the average US imports of crude oil during the past week from 9 major countries amounted to 5.491 million barrels per day, a decrease of 309 thousand barrels per day compared to the previous week, which amounted to 5.800 million barrels per day.
It added that the average “Iraqi oil exports to America amounted to 214 thousand barrels per day, a decrease of 21 thousand barrels per day compared to the previous week, which amounted to 235 thousand barrels per day.”
The administration indicated that “the largest oil revenues to America during the past week came from Canada, followed by Saudi Arabia, Brazil, Mexico, Colombia and Iraq.”
According to the table, “the amount of US imports of crude oil continues from Venezuela, Nigeria and Ecuador.” / End https://ninanews.com/Website/News/Details?key=1232260
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