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| Alaq announces the opening of a new branch of the central bank in Najaf |
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The governor of the Central Bank of Iraq Ali Alalak, Saturday, close to the opening of a new branch of the Central Bank in the province of Najaf, while the new branch will provide services to the Middle Euphrates .
"We will open a new branch of the central bank soon in Najaf to provide services to the Middle Euphrates," Alaq said at a press conference held at the Rafidain Center for Dialogue in Najaf province.
"The relationship with the International Monetary Fund is a partnership relationship, and they have no conditions other than the development of the banking sector," adding that "the adequacy of foreign exchange reserves within international standards is 160%, which is a good indicator."
The governor of the Central Bank of Iraq Ali Alalak revealed, on Tuesday (December 26, 2017), that the bank reserves of foreign currency of 48 billion dollars, pointing out that Iraq will not resort to floating the currency.
[You must be registered and logged in to see this link.]"We will open a new branch of the central bank soon in Najaf to provide services to the Middle Euphrates," Alaq said at a press conference held at the Rafidain Center for Dialogue in Najaf province.
"The relationship with the International Monetary Fund is a partnership relationship, and they have no conditions other than the development of the banking sector," adding that "the adequacy of foreign exchange reserves within international standards is 160%, which is a good indicator."
The governor of the Central Bank of Iraq Ali Alalak revealed, on Tuesday (December 26, 2017), that the bank reserves of foreign currency of 48 billion dollars, pointing out that Iraq will not resort to floating the currency.
Last edited by rocky on Sun 21 Jan 2018, 8:19 am; edited 1 time in total
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