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* Central Bank: the dinar recovering and the lid is up $ 60 billion

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parothead

parothead
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* Central Bank: the dinar recovering and the lid is up $ 60 billion
February 14th, 2012 08:30 pm · Posted in NEWS (Iraq & World Currency)
Baghdad / Orr News

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh said that the dinar foreign currency covered by more than (100%) and no fear upon the volatility of currencies of neighboring countries. Saleh said in a press statement: The dinar today has become a strong and like a hard currency thanks to the policy of the central bank in control of the cash raised in the local market, adding that the dinar covered in hard currency at a rate of more than (100%) This is a rare condition, and has a cash reserve large currency difficult than for (60) billion dollars retained by the face of difficult circumstances that may occur in the country, giving the power of the dinar against foreign currency.

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