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Iraq's foreign currency reserves declined during the second quarter of the year, decreasing from 130.443 trillion dinars in March to 118.947 trillion dinars in May, a decrease of 1.43%. The ongoing decline indicates a gradual reduction in total reserve assets, with reserve levels remaining volatile due to factors such as external revenues and fluctuations in global markets. Additionally, the gold reserves amounted to approximately 32.973 trillion dinars, reflecting its role in risk management.
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