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


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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


    of Iraq 's cash reserves continue todecline

    Rocky
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    • Post n°1

    of Iraq 's cash reserves continue todecline Empty of Iraq 's cash reserves continue todecline

    Post by Rocky Sun 19 Feb 2017, 8:29 am

    [size=32]
    of Iraq 's cash reserves continue todecline[/size]
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     4 hours ago



    Twilight News CBI / said on Sunday that Iraq's reserves of hard currency fell to $ 49 billion as a result of the continued decline in oil prices in world markets.
    The governor of the bank on the Keywords During a press conference, said that "the central bank reserves of hard currency now stands at $ 49 billion."
    He added that "Alahitati depends on fiscal revenue from oil sales, it is natural to see a reduction as a result of lower oil prices."
    Keywords and pointed out that "the central bank has about two thousand foreign exchange company and 30 transfer companies and 65 banks are all selling foreign currency ports under the auction of the currency, which is sufficient to cover the daily sales of the Central Bank of the dollar."
    According to Bank figures last June 2016, the foreign currency reserves were $ 53 billion, while the reserve ypg $ 68 billion in 2015.
    The depreciation of the currency caused by the financial crisis in the country as a result of lower oil prices and increasing costs of the war against al Daesh. Iraq relies on oil revenues to cover 95 percent of expenses.



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