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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

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


    CBI: expansion of outlets selling the dollar .. and reserve $ 50 billion

    Rocky
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    • Post n°1

    CBI: expansion of outlets selling the dollar .. and reserve $ 50 billion Empty CBI: expansion of outlets selling the dollar .. and reserve $ 50 billion

    Post by Rocky Tue 06 Sep 2016, 3:30 pm

    CBI: expansion of outlets selling the dollar .. and reserve $ 50 billion




    6/9/2016



    The central bank stressed that the expansion of outlets selling the dollar through the Rafidain and Rasheed. He is indicating that it is currently processing the Rafidain and Rasheed foreign currency (US dollar). He stressed that the goal of the bank is "for the purpose of expanding cash sales outlets for the dollar," for citizens across their branches scattered in Baghdad and the provinces.


    On the other hand, the CBI revealed that the monetary reserves of the Central Bank of Iraq from foreign currency of up to $ 50 billion, he returned Mtmon.


    The general director of banking and credit control in the bank Ihsan Shomran Yasiri, in a televised statement, that "the monetary reserves of the Central Bank of Iraq from foreign currency of up to $ 50 billion, which is quite normal number with a country in the past three years a large deficit in the state," stressing that this the foreign reserves, according to the international Monetary Fund on the safe side. "


    He added that "more than 90% of central bank sales are through dependencies documentary universally used and either direct sales through the window of foreign currency sell a few to sustain the economy and inject the dollar to trade." He pointed out, "The Central Bank is financing large deficits in the state budget."


    And the dollar exchange sold by the Central Bank for Goods banking and domestic market, Yasiri rate differential, "The Bank of the dollar sells 1,200 dinars, and the parallel to him in the local market is 1260, or 1270 dinars to the dollar, this is not a big difference, but reasonable Bank defends very difficult to maintain it. "


    It is said that the government announced last month that the budget for fiscal 2017, a large deficit, amid expectations that exceed the 30 trillion dinars, which means asylum to Iraq's internal and external loans to cover the deficit and the central bank include Iraq.

    Source: Channel change + Economy News

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