Central Bank: the dinar strong despite the security situation
Central Bank: the dinar strong despite the security situation
June 19, 2014
The governor of the Iraqi Central Bank and the Agency Abdel Basset Turki said the security situation in the country will not greatly affect the Iraqi dinar, attributing the cause to the power of the Iraqi dinar and the precautions that support it. said the governor of the Iraqi Central Bank that “the bank’s management studied and researched the course of the security situation experienced by the the country and its impacts on the financial situation in the country, “noting that” the existing foreign currency reserves at the Central Bank and of 70 billion dinars can control the exchange rate of the dinar against the dollar. ” Turkish and pointed out that “the cash reserve is able to support the exchange rate of the dinar, which currently stands at 1200 dinars to the dollar, so there is no fear on the dinar at the moment.”
iraqdirectory.com
