The central bank issues a statement on reducing the impact of deflation as a result of corona
15:24 - 12/04/2020
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The information / Baghdad ..
The Central Bank of Iraq revealed, on Sunday, its measures to counter the deflation in the currency as a result of the outbreak of the Corona epidemic.
The bank said, in a statement received / information / that “the recent measures taken by this bank related to reducing the proportion of the mandatory reserve for bank deposits will contribute to enhancing the liquidity of banks by an amount up to ((one trillion Iraqi dinars))”.
He considered that this measure will contribute to "reducing the impact of the contraction resulting from the Corona pandemic." 25 h has ended