Established in 2006 as a Community of Reality

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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.

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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


2 posters

    Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban

    Rocky
    Rocky
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    Posts : 280493
    Join date : 2012-12-21

    Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban Empty Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban

    Post by Rocky Sat 20 Jul 2013, 3:40 am

    Member of the Economic Committee: the gold price declined an opportunity to increase its Central Bank reserves 

     

     

    20-07-2013 10:31 AM

     

     

     

     

     

     

     

     

    Baghdad (newsletter). Member of the Economic Committee confirmed the MP from iraqiya noura Salem albegari, low gold on the world market doesn't affect on the reserve at the Central Bank.

     

    She said albegari (News Agency): the Central Bank has $ 76 billion of oil reserves and 7 billion dollars in gold reserves, distributed in the Bank for international settlements as a cover for the Iraqi currency.

     

    She added that the Central Bank do with gold but there are specific banks didn't work with the currency but, noting that the decline is a good opportunity for the Central Bank to increase the reserves because of low prices, in addition to the amounts considered to cover for the Iraqi currency.

     

    And: the only economic value in which the United States led to the decline of gold significantly recently and put in large quantities in world markets.

     

    It is noted that Iraq has taken a major step to strengthen its reserves of gold to join other central banks from emerging market economies such as Brazil and Russia to diversify foreign reserves./finished/5 p. x/



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    Rocky
    Rocky
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    Join date : 2012-12-21

    Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban Empty Re: Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban

    Post by Rocky Sat 20 Jul 2013, 3:40 am

    Finance parliamentary: increase dollar sales do not affect the cash reserve

     


    07/20/2013 

     
     

    Baghdad ruled out by the Finance Committee secretary Hadi Abbas, influenced by increase in sales of the Central Bank of the dollar in the auction on the monetary reserves of hard currency, stressing that the bank has no fixed roof of the sale, but selling by the actual need of the market.

     

     

     

     

    Abbas said: that the bank's policy CBI special sale of hard currency has no fixed roof of daily sales, but according to the market needs of both traders Aoualemredy Aoualemsavrin to the dollar.

     

     

     

     

    said: that most of the private banks to take over a large proportion of sales of the bank, and this is due not to accommodate the new policy adopted by the central bank about buying and selling, noting that the central bank is not responsible for it.





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    weslin3
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    Posts : 7463
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    Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban Empty Re: Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban

    Post by weslin3 Sat 20 Jul 2013, 6:40 am

     Aoualemredy Aoualemsavrin


    Wonder what that means?

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    Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban Empty Re: Member of the Economic Committee: the gold price declined an opportunity to increase its Central Ban

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