Iraq's central bank FX reserves soared to $96 billion

Iraqi PM says his government has asked the central bank to take urgent steps to compensate for a dollar shortage in local markets.

DUBAI - Iraq's central bank foreign currency reserves rose to $96 billion, the country's prime minister, Mohammed Shia al-Sudani, said in remarks carried by the state news agency on Monday.

The government has asked the central bank to take urgent steps to compensate for a dollar shortage in local markets, Sudani added.