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Iraq's Foreign Exchange Reserves Drop to $97.8 Billion in April

Gulan Media June 28, 2026 News
Iraq's Foreign Exchange Reserves Drop to $97.8 Billion in April

Iraq's foreign exchange reserves declined to $97.8 billion at the end of April, down from $100.3 billion a month earlier, according to data released on Sunday by the Central Bank of Iraq (CBI).

The CBI's investment holdings also recorded a decrease, falling to 92.66 trillion Iraqi dinars (approximately $70 billion) from 95.32 trillion dinars (around $72 billion) in March.

Meanwhile, the central bank's cash holdings dropped significantly to 566 billion Iraqi dinars (about $430 million), compared with 849 billion dinars (approximately $640 million) a month earlier.

Gold reserves also edged lower, declining to 33.93 trillion Iraqi dinars (roughly $25.7 billion) at the end of April from 34.28 trillion dinars (about $26 billion) in March.

The latest figures indicate a modest decline across Iraq's key reserve assets, including foreign exchange, investments, cash holdings, and gold reserves.

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