Governor of the Bank: Iraq enjoys a comfortable reservoir of foreign currency

Governor of the Bank: Iraq enjoys a comfortable reservoir of foreign currency

2015/11/1 16:42

Governor of the Bank - Iraq enjoys a comfortable reservoir of foreign currency{Baghdad: Euphrates News} said Governor of the Central Bank and the Agency on the Keywords that Iraq still enjoys a comfortable reservoir of cash foreign currency.
Keywords and said in a statement to Agence {Euphrates News}, that Iraq has a reserve of cash currency, which protect him from falling into an economic crisis suffocating, or the inability of the State to provide the employees’ salaries, and cover the projects, “pointing out that” Iraq reserves estimated at more than 1,500% “.
He said the central bank governor that the issue of deletion of zeros from the currency, will be in the event of the existence of an administrative security stability can the state control over the markets, and the imposition of standardized pricing on the goods.
It is said that Iraq is undergoing austerity due to the financial crisis that has gone through because of the low prices global oil. ended h

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