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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

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Established in 2006 as a Community of Reality

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    Keywords carries the responsibility of the government and parliament of Iraq reserves drop to $ 53 b

    Rocky
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    Keywords carries the responsibility of the government and parliament of Iraq reserves drop to $ 53 b Empty Keywords carries the responsibility of the government and parliament of Iraq reserves drop to $ 53 b

    Post by Rocky Tue 28 Jun 2016, 6:10 am

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    [size=48]Keywords carries the responsibility of the government and parliament of Iraq reserves drop to $ 53 billion


    June 28, 2016


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    Our economy / Baghdad
    The governor of the Central Bank and the Agency on the Keywords that Iraq's reserves of foreign currency of $ 53 billion, and with the exception that it is in line with international standards and regulations of the International Monetary Fund, hold the House of Representatives and the government responsible for the low reserve because Msadegthma on the financial budget in deficit.
    Said Ali Keywords in a press statement seen by the agency of our economy News, said that 'the bank reserves of foreign currency of $ 53 billion may be changed up or down depending on what return it from the Ministry of Finance', noting that 'the amount within the bank accounts and fund the recent International Monetary demonstrates the adequacy reserve on according to the international standard of the existence of the amount of foreign exchange cover of the local currency dinar size '.
    Keywords and added that it 'means that the central bank maintains a foreign currency than the local', adding that 'the rise in the reserve or decline caused by factors beyond the control of the Central Bank or control, being influenced by two factors two main amount of dollar given to the bank, from the sale of oil, etc. you get the Ministry of Finance of the oil dollar, which sells it to the bank, you get to dinars to cover its expenses. '
    The CBI has refused (January 13, 2016) The government went to draw from the financial reserve, while attributed to the fact that the law 'not allowed' to the government so, he called for the issuance of bonds and sell them to banks.


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