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CBI .. Central Bank reserves amounted to $ 76 billion

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Wild Orchid

Wild Orchid
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CBI .. Central Bank reserves amounted to $ 76 billion


07/04/2013 09:03
Announced Iraqi Central Bank Governor agency Abdul Basit Turki Head Office of Financial Supervision, said the reserves the central bank has 76 billion dollars.

said while attending the opening of the Building Directorate of Financial Supervision in Karbala: "There are stocks with the Ministry of Finance out of stock of the central bank, and there are expectations raised roof of the general budget of the country in the future.

"and added:" The support of the Iraqi currency is not based on gold, as it is only 10% of the stock of the state, and Iraq will depend in treasury since 1971 hard currency. "

He said: "The Iraq and after his release from the provisions of Chapter VII, will pursue a new approach more sophisticated in the budget in the currency exchange rate in the country and will move more easily after the lifting of the restrictions, trusteeship, which was imposed by Chapter VII, " a new approach more sophisticated in the budget in the currency exchange rate in the country and will move more easily after the lifting of the restrictions, trusteeship, which was imposed by the Chapter VII, " the other hand, sales of the Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency on Wednesday to 269 million and 801 000 dollars, after it reached yesterday, 165 million and 982 thousand dollars, a stable exchange rate was 1166 dinars per dollar.

yesterday, 165 million and 982 thousand dollars, a stable exchange rate was 1166 dinars per dollar.

explained daily bulletin issued by the Central Bank, "The demand for the dollar distributed by 75 million and 600 thousand dollars was sold in cash, while the value of the amounts sold form of remittances 194 million and 201 thousand dollars, Select a price to 1179 dinars per dollar, and the purchase price cash of $ 1171 dinars. "

and participated in the auction currency today 23 banks waged, and ruled out the $ 31 million and 403 thousand dollars of banks participated in the auction, for the purposes of auditing and other related to combating money laundering, as well as Other reasons are different. Iraqi central bank held six sessions a week for auction sale and purchase of foreign currencies, starting from Saturday to Thursday.

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player46


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This is a very interesting art. TY Wild Orchid. The reserve amount is less than we were previously told and you got to love this statement, in fact, they stated it twice. Very Happy 

" a new approach more sophisticated in the budget in the currency exchange rate in the country and will move more easily after the lifting of the restrictions, trusteeship, which was imposed by the Chapter VII, "

tobyboy


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Read another article believe yesterday or Tuesday saying at the end of July the reserves would be over 80 Billion USD

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