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Central bank sales decline affects the economic situation of the country
« on: Today at 07:27:06 AM »
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A member of the Finance Committee: central bank sales decline affects the economic situation of the country
02-11-2013 .. Baghdad (news) .. According to a member of the Finance Committee MP / Kurdistan Alliance / Najeebeh Najib, the lower central bank sales affect the local economic situation and regional levels.
Najib said (of the Agency news): The low and high central bank sales of the dollar depends on the supply and demand ratio, indicating that the decline in sales affect the local and regional situation in Iraq.
She added: that the central bank does some measures are to make the U.S. dollar against the Iraqi dinar stable, as well as trying to develop a convergence between the price of the dollar in the bank and its price in the market.
And between: the decline in sales of the bank is not constant, something that occurs naturally from time to time, noting that this decline is due to the volatility of demand and supply on the dollar.
The central bank announced the increase in Iraq's reserves of hard currency to (76) billion dollars after it was reported up to 66 billion dollars.
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« on: Today at 07:27:06 AM »
Quote
A member of the Finance Committee: central bank sales decline affects the economic situation of the country
02-11-2013 .. Baghdad (news) .. According to a member of the Finance Committee MP / Kurdistan Alliance / Najeebeh Najib, the lower central bank sales affect the local economic situation and regional levels.
Najib said (of the Agency news): The low and high central bank sales of the dollar depends on the supply and demand ratio, indicating that the decline in sales affect the local and regional situation in Iraq.
She added: that the central bank does some measures are to make the U.S. dollar against the Iraqi dinar stable, as well as trying to develop a convergence between the price of the dollar in the bank and its price in the market.
And between: the decline in sales of the bank is not constant, something that occurs naturally from time to time, noting that this decline is due to the volatility of demand and supply on the dollar.
The central bank announced the increase in Iraq's reserves of hard currency to (76) billion dollars after it was reported up to 66 billion dollars.
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