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Iraq Makes Biggest Gold Purchase in 3 Years Buying $1.56 Bln Of The Yellow Metal!!

3,313 views · Published 28 March 2014 · 1:49 · Indexed 12 November 2026

Channel: MoneyBags73 · 2014 · People & Blogs

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On Monday the Iraqi central bank announced that it bought 36 metric tons of gold, a value of 1.56 billion dollars to help stabilize the dinar against foreign currencies.

The move has been met with mixed reaction from Iraqi nationals. In a statement to the National Iraqi News Agency, economic expert Basim Jamil said the central bank should expand its gold buying process to stabilize the country's currency.

Click here for a link to the Iraq news: http://moneybagsworld.blogspot.com/2014/03/iraqs-central-bank-bought-36-tons-of.html

Click here for a link to the Russian news: http://moneybagsworld.blogspot.com/2014/03/russia-raises-gold-holdings-by-over-7.html

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Iraq Makes Biggest Gold Purchase in 3 Years Buying $1.56 Bln Of The Yellow Metal!!

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