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Economic analyst: strengthen Iraq for backup of gold a bold step towards economic progress

Hkp1
Hkp1
Interacting Investor
Interacting Investor

Posts : 3118
Join date : 2012-12-19

Economic analyst: strengthen Iraq for backup of gold a bold step towards economic progress Empty Economic analyst: strengthen Iraq for backup of gold a bold step towards economic progress

Post by Hkp1 on Sun 23 Dec 2012, 2:38 pm

Economic analyst: strengthen Iraq for backup of gold a bold step towards economic progress





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[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] Baghdad (IBA). Economic
analyst description cute Abdul Salem Al-igaily, Iraq's position to
promote backup of gold bold step in the attempts to reduce its
dependence on the dollar as a reserve currency.



Al-igaily, said of the independent press agency (IBA) ... "The
actions taken by Iraq in financial management for strengthen its
reserves of gold daring actions within the framework of attempts to
reduce its dependence on the dollar as currency, cash reserve: that this
step was to move towards diversification of the investment portfolio to
reduce risk or so-called diversification through ownership of more than
one parent, especially the precious metal which is from safe
investments and high-value assets.



He added: investment portfolio building revolves
about diversification of derivatives or investments in order to reach a
stable average return to stability of portfolio and reduce risk.


Al-igaily said that according to the concept
of gold rather critically safe is Iraq has made a positive step towards
strengthening the national economy and strengthen the financial
reserves and gold in Iraq
.(End)




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