ISX News
The Central Bank of Iraq invests in the Chinese yuan currency
The Director of the Information Office of the Central Bank of Iraq (CBI), Acer Jabbar said that the CBI is keen to diversify its foreign reserves and diversify the basket of currencies in the investment portfolios as well as the geographical distribution of investments of the bank. According to that, the CBI signed an agreement with People's Bank China which will contribute to the development of banking relations with global economies, especially with the Chinese economy.
Source: https://cbi.iq/news/view/582
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