He told the National Iraqi News Agency (NINA): The efficiency of these reserves is seen with various indicators, such as the ratio of foreign reserves coverage of locally sourced cash, or the ratio of foreign reserves coverage of the country's foreign debt and its short-term due services.
Salih added: These indicators all confirm today that the country's foreign exchange reserves, which amounted to about 85 billion dollars, including cash gold, are at a high level of efficiency and represent real monetary stability for the country.
He explained: The country's reserves are managed according to the internationally approved standard investment guides and in various major existing currencies, and are invested in the best international financial instruments with high credit ratings, low risks, and are considered one of the actions of the country's foreign monetary policy./ End
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