November 20, 2010
Central Bank recorded an increase in reserves
Announced that the Iraqi Central Bank Consultant Dr. Mohammad Saleh said that the appearance of the central bank reserves reached $ 50 billion, and pointed out that this reflects a positive monetary policy for the protection of the Iraqi dinar in the region.
Saleh explained in an interview with “Radio Sawa” The reserves amounted to $ 50 billion, which reflected the monetary policy for the protection of the national currency in the region and form a cushion against any internal or external vibrations.
Saleh added that the CBI in connection with cash management reform in the coming years, pointing out that the GDP will double, especially in the field of oil and other activities and, therefore,
Cluster current monetary and specifications are not commensurate with the stage of prosperity and economic development can.
The economists emphasized that the pursuit of a number of European and Arab states to invest in Iraq will support the value of the dinar in the future.
Central Bank recorded an increase in reserves
Announced that the Iraqi Central Bank Consultant Dr. Mohammad Saleh said that the appearance of the central bank reserves reached $ 50 billion, and pointed out that this reflects a positive monetary policy for the protection of the Iraqi dinar in the region.
Saleh explained in an interview with “Radio Sawa” The reserves amounted to $ 50 billion, which reflected the monetary policy for the protection of the national currency in the region and form a cushion against any internal or external vibrations.
Saleh added that the CBI in connection with cash management reform in the coming years, pointing out that the GDP will double, especially in the field of oil and other activities and, therefore,
Cluster current monetary and specifications are not commensurate with the stage of prosperity and economic development can.
The economists emphasized that the pursuit of a number of European and Arab states to invest in Iraq will support the value of the dinar in the future.
