the Central Bank of Iraq invests in the currency of the Chinese yuan

by **Rocky** Mon 29 Jan 2018, 8:29 am

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Post n°1

the Central Bank of Iraq invests in the currency of the Chinese yuan

by Rocky Mon 29 Jan 2018, 8:29 am

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the Central Bank of Iraq invests in the currency of the Chinese yuan

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The Central Bank of Iraq announced on Monday arrangements for investment in the Chinese “yuan”.
The Director of the Information Office of the Central Bank of Iraq, Acer Jabbar said in a statement to twilight News, that this bank is keen to diversify its foreign reserves and diversify the basket of currencies in the investment portfolios as well as the importance of geographical distribution of investments of this bank and for that “signed through the Investment Department in the Central Bank Agreement Banking arrangements with the People’s Bank of China “, which will contribute to the development of banking relations with global economies, especially with the Chinese economy.
He pointed out that the investment was made in the currency of the “Chinese yuan” after being included in the basket of special drawing rights by the International Monetary Fund in late 2016, which led to raise the currency of the Chinese yuan in international liquidity.
Government bonds in the Chinese yuan currency are characterized by high returns compared to other currencies, among them, Jabbar said.

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by **Rocky** Mon 29 Jan 2018, 8:31 am

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Post n°2

The central bank is expanding its basket of currencies to include the Chinese [yuan]

by Rocky Mon 29 Jan 2018, 8:31 am

[rtl]The central bank is expanding its basket of currencies to include the Chinese [yuan][/rtl]

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[rtl]Ayna-Baghdad]
The Central Bank of Iraq, announced its investment in the Chinese currency [Yuan].[/rtl]

[rtl]"The bank is keen to diversify its foreign reserves and diversify the basket of currencies in the investment portfolios, as well as the geographical distribution of the investments of this bank. For this purpose, and through the Investment Department, the director of the Central Bank Information Office, Acer Jabbar, The central bank has a banking arrangement agreement with the People's Bank of China, which will contribute to the development of banking relations with global economies, especially with the Chinese economy. "
"The investment was made in the currency of the Chinese yuan after being included in the basket of special drawing rights by the International Monetary Fund in late 2016, which led to raise the currency of the Chinese yuan in international liquidity."
"Government bonds in the Chinese yuan have higher returns than other currencies, including the US dollar," he said.[/rtl]

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by **Rocky** Mon 29 Jan 2018, 8:39 am

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Post n°3

The central bank invests in the Chinese yuan currency

by Rocky Mon 29 Jan 2018, 8:39 am

[ltr]The central bank invests in the Chinese yuan currency[/ltr]
[ltr]Economie[/ltr]
Since 2018-01-29 at 14:17 (Baghdad time)
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[ltr]Baghdad - Mawazine News[/ltr]
[ltr]The central bank announced on Monday the investment of the yuan currency to develop banking relations with global economies.[/ltr]
[ltr]The Director of the Information Office of the Central Bank of Iraq, Acer Jabbar said in a statement received by "Mawazine News," that "this bank is keen to diversify its foreign reserves and diversify the basket of currencies in investment portfolios as well as the importance of geographical distribution of investments and for that" With the People's Bank of China. "[/ltr]
[ltr]"The agreement will contribute to the development of banking relations with global economies, especially with the Chinese economy," he said, noting that the investment was made in the currency of the Chinese yuan after being included in the basket of special drawing rights by the International Monetary Fund in late 2016. Which has led to raising the currency of the Chinese yuan in international liquidity. "[/ltr]
[ltr]Government bonds in the Chinese yuan have higher returns than other currencies, including the US dollar[/ltr]

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by **Rocky** Mon 29 Jan 2018, 8:49 am

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Post n°4

The Central Bank invests foreign currency and confirms its keenness to diversify its reserves

by Rocky Mon 29 Jan 2018, 8:49 am

[rtl]

The Central Bank invests foreign currency and confirms its keenness to diversify its reserves

[/rtl]
[rtl]Release date: 2018/1/29 14:10 • 142 times read[/rtl]

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[rtl]
(Baghdad: Al-Furat News) The Central Bank confirmed its investment in foreign currency, stressing his keenness to diversify his reserves.
The Director of the Information Office of the Central Bank of Iraq, Acer Jabbar in a press statement received by the agency {Euphrates News} a copy of it today, "This bank is keen to diversify its foreign reserves and diversify the basket of currencies in investment portfolios as well as the geographical distribution of investments of this bank and for that" through the investment Department of the Central Bank Agreement banking arrangements with the Chinese people 's Bank, which will contribute to the development of banking relationships with global economies, especially with the Chinese economy. "
He added , " the investment has been in the currency of the Chinese yuan after inclusion in the SDR basket of currencies by International Monetary Fund in late 2016 and this has led to the lifting of the Chinese yuan currency in the international liquidity position. "
Between"

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