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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


    Central Iraq announces increase financial reserves to $ 49 billion

    Rocky
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    • Post n°1

    Central Iraq announces increase financial reserves to $ 49 billion Empty Central Iraq announces increase financial reserves to $ 49 billion

    Post by Rocky Thu 11 May 2017, 2:44 am


    Central Iraq announces increase financial reserves to $ 49 billion


    11/05/2017




    The Governor of the Central Bank on the Keywords, Thursday, increasing the difficult foreign currency than it was in the year 2016 reserves, stressing rising to $ 49 billion.

    Keywords and said in a press statement, said that "the Central Bank, despite the decline in oil resources during the past period by up to 70 percent, he was able to maintain and maintains reserves of foreign level acceptable currency within the international standards, especially that the main criterion for the adequacy of the reserve is covered by the local currency in the sense how much we have of the dinar and the corresponding dollar. "

    Keywords added that "the amount of the reserve of foreign hard currency in the bank exceeds the amount of local currency in Iraqi dinars, which is within the standard admissibility of this reserve, prompting the IMF to count Iraq's reserves comfortable and assured by virtue of the standby credit agreement."

    Keywords explained that "the current reserve ranges between 47 billion and $ 49 billion, higher than the level of the reserve for the year 2016," he said, "We do not feel concerned about this reserve within the global indicators."
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    Rocky
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    • Post n°2

    Central Iraq announces increase financial reserves to $ 49 billion Empty Central: Increase hard currency reserves to $ 49 billion compared to 2016

    Post by Rocky Thu 11 May 2017, 3:22 am

    Central: Increase hard currency reserves to $ 49 billion compared to 2016



    The Governor of the Central Bank on the Keywords, on Thursday, an increase in hard foreign currency than it was in the year 2016 reserves, stressing rising to $ 49 billion.

    Keywords and he said, that ' the central bank despite the decline in oil resources during the past period by up to 70 percent , he was able to maintain and maintains reserves of foreign level acceptable currency within the international standards, especially that the main criterion for the adequacy of the reserve is covered by the local currency in the sense how much we have dinar and offset by the dollar '.

    Keywords added that " the amount of the reserve of foreign hard currency in the bank exceeds the amount of local currency in Iraqi dinars, which is within the standard admissibility of this reserve, prompting the IMF to count Iraq 's reserves comfortable and assured by virtue of the standby credit agreement '.

    Keywords explained that the 'current reserve ranges between 47 billion and $ 49 billion, higher than the level of the reserve for the year 2016 , "he said , " We do not feel concerned about this reserve within the global indicators'.



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