“Central” excludes the reserves reach 100 billion dollars to feed the expansion of foreign trade
“Central” excludes the reserves reach 100 billion dollars to feed the expansion of foreign trade
04.15.2014 (0:01 pm)
Baghdad / Acer Jabbar revealed the central bank, announced the arrival of its reserves of hard currency to the equivalent of 90 trillion dinars, the end of the month of February, while expected to continue to increase the proportion “not great” not being able to reach the barrier percent billion, attributed to the expansion in the feeding of Foreign Trade of the private sector. Administration said the central bank in the gallery its written reply to questions from the (long-Presse), “The Total reserves CBI reached until the end of February 2014 the past, to ninety trillion dinars,” noting that it “reserves increased by good compared to previous months what makes Iraq in a stable position financially. ” and confirmed the bank’s management, that “the increase in reserve growth would continue, but rates are not great,” excluded “and the arrival of the reserve of hard currency a hundred billion dollars due to the expansion of the feeding of foreign trade to the private sector ” She explained that there is “a great demand for the dollar through currency auction, which takes the other hand the Iraqi dinar is what makes there expanding commercially for some asylum dollar.” It is noteworthy that the Iraqi Central Bank, announced in the 23 December last, the arrival of the reserves of hard currency to more than 88 billion dollars, returned it contributes to the stability of the dinar could be a “source of pride” for the Iraqis. was the Iraqi Central Bank, had announced in May 2013, on the arrival of reserves of hard currency to 74 billion dollars, saying that it represents “the highest rate “record in the history of Iraq. As I mentioned special bulletins Iraq’s central bank, issued early March 2014, he has sold more than 228 billion dollars since the start of the meetings of the currency auction in 2003 and until that date, and showed that the commissions earned by the bank of those sales ranged between three to 24 dinars per dollar.
almadapaper.net
