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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


    Economic Expert: Gold quantity, bought by the central bank is small, currency stability needs more

    chouchou
    chouchou
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    Posts : 5060
    Join date : 2012-12-20

    Economic Expert: Gold quantity, bought by the central bank is small, currency stability needs more  Empty Economic Expert: Gold quantity, bought by the central bank is small, currency stability needs more

    Post by chouchou Tue 25 Mar 2014, 5:13 am

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    BAGHDAD / NINA / The economic expert, Basim Jamil called on the central bank to expand the process of buying gold to stabilize the Iraqi currency against foreign currencies.

    He told the National Iraqi News Agency / NINA/: "Iraq needs to boost its reserves to move away from economic shocks. And the quantity bought by the central bank of gold recently is a small amount compared to other countries."

    He added: "The diversification of the currencies' basket and Iraqi reserve is a good and useful step, but it must be more broadly."

    The Iraqi Central Bank announced yesterday that it bought / 36 tons / of gold to stabilize the exchange rate of the Iraqi dinar against foreign currencies.

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