Central confirms the “robustness” of the Iraqi reserves according to international indicators “reassuring”

Central confirms the “robustness” of the Iraqi reserves according to international indicators “reassuring”

Sunday July 16, 2017 17:34

Central confirms the robustness of the Iraqi reserves according to international indicators reassuringAlsumaria News / Baghdad
announced that the Central Bank of Iraq on Sunday, the availability of international indicators confirm the Iraqi sedate reserve, stressing that the foreign currency reserves standards “reassuring.”

He said the financial operations and debt management of the Central Bank , Mahmoud Dagher director in an interview with Alsumaria’s News, said that ” the reserves of foreign currency for Iraq, according to different standards sufficiently high and reassuring.”

He Dagher, to “provide international indicators confirm the strength of gravity and reserves of Iraq.”

The Central Bank of Iraq announced on Sunday (February 19, 2017), the size of the reserves of Iraq from the hard currency of $ 49 billion, at a time between 70% of the traded funds Chunky in homes, pointed to the bank was able to control inflation.

The Central Bank of Iraq was established independently as a bank under a law issued on the sixth of March 2004, an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are sessions daily for buying and selling currencies.

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