Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Central Bank announces the rise of Iraq's foreign currency reserves to 51.5 billion dollars

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 267002
    Join date : 2012-12-21

     Central Bank announces the rise of Iraq's foreign currency reserves to 51.5 billion dollars Empty Central Bank announces the rise of Iraq's foreign currency reserves to 51.5 billion dollars

    Post by Rocky Mon 26 Mar 2018, 2:31 pm

     Central Bank announces the rise of Iraq's foreign currency reserves to 51.5 billion dollars

    [You must be registered and logged in to see this image.]



    The governor of the Central Bank of Iraq, Ali Alalak, the rise of Iraq's foreign currency reserves to 51.5 billion dollars.
    Al-Alak said in a meeting with a number of editors of local newspapers and news agencies, including the "Economy News", that "the foreign reserves rose this year to 51.5 billion dollars because of the failure of the central bank to buy treasury remittances," adding that "the central bank has gone a long way in managing Foreign reserves and we are starting to generate financial returns by investing gold abroad. "
    He pointed out that "the Central Bank was able to restore the independence lost since 1980 to the government in addition to controlling inflation, which reached 40% before 2003 and now 4%."
    "The stability of the banking sector is an essential objective to achieve financial stability and curb inflation," he said.
    He continued that "the system of payments in the Central Bank is one of the most advanced systems in the world and estimated transactions carried out monthly 14 trillion dinars did not face any violations."

    [You must be registered and logged in to see this link.]

      Current date/time is Thu 28 Mar 2024, 3:23 am