{
  "id": 17082061,
  "title": "Iraq’s dollar reserves approach USD 80 billion",
  "url": "https://urgent.news/2026/10/29/iraqs-dollar-reserves-approach-usd-80-billion",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-29T14:53:49.000Z",
  "source": {
    "name": "ANBA News Agency",
    "slug": "anba-news-agency",
    "url": "https://anba.com.br/en/iraqs-dollar-reserves-approach-usd-80-billion/"
  },
  "original_language": "en",
  "account": "Iraq’s Central Bank announced on Wednesday (28) that the nation’s dollar reserves had risen to nearly USD 80 billion between September and October, according to a report by the Iraqi news agency INA. Adviser to the governor of the Central Bank Mahmoud Dagher assured citizens that dollar cash remains accessible and additional shipments are anticipated in the forthcoming days. As reported, total dollar reserves, whether in Central Bank accounts or the government’s account with the US Federal Reserve, had improved after dipping to USD 73 billion. These reserves now stand at near USD 80 billion, Dagher stated.\n\nDagher credited the increase to oil export revenues, which recently reached around USD 6 billion monthly, describing this as a sustainable level within the existing crisis. He also acknowledged Iraq’s heavy dependence on oil as a primary revenue source and government funding. Dagher explained that reserves were sufficient to cover one year of needs during periods of oil export interruptions in April, May, and June, which had reduced to approximately nine months. However, reserves are now regaining their previous levels, crucial for sustaining Iraq’s foreign trade, a major food importer for the country.",
  "summary": "Iraq’s foreign reserves rose from USD 73 billion to nearly USD 80 billion in September and October, according to a statement by a Central Bank spokesperson. Oil exports brought more dollars into the country. The post Iraq’s dollar reserves approach USD 80 billion appeared first on ANBA News Agency .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}