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Dinar defies the current situation
July 4, 2014
He assured the governor of the Central Bank of Abdel Basset Turki said the power of the dinar and the precautions that support has not been affected despite the security situation in the country.
And detect Turkish in during his participation and chaired by the Financial Action Task Force for the Middle East and North Africa to combat money laundering and the financing of terrorism in the Bahraini capital, Manama, that the cash reserves in support of the Iraqi dinar is 70 billion dollars and that the central bank is able to support the exchange rate of the dinar, which currently stands at 1200 dinars per dollar but did not rule affected by the exchange rate.
He pointed out that the dinar reserves and non-powered pegged to any currency and other cash reserves able to support it. And influenced by the currency and the economy because of the military attack militant groups in Iraq, said: "There is no doubt that the latest of this size have an impact on the economy first and on the financial position and cash the other hand, the Iraqi state, but able to get out of this crisis."
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July 4, 2014
He assured the governor of the Central Bank of Abdel Basset Turki said the power of the dinar and the precautions that support has not been affected despite the security situation in the country.
And detect Turkish in during his participation and chaired by the Financial Action Task Force for the Middle East and North Africa to combat money laundering and the financing of terrorism in the Bahraini capital, Manama, that the cash reserves in support of the Iraqi dinar is 70 billion dollars and that the central bank is able to support the exchange rate of the dinar, which currently stands at 1200 dinars per dollar but did not rule affected by the exchange rate.
He pointed out that the dinar reserves and non-powered pegged to any currency and other cash reserves able to support it. And influenced by the currency and the economy because of the military attack militant groups in Iraq, said: "There is no doubt that the latest of this size have an impact on the economy first and on the financial position and cash the other hand, the Iraqi state, but able to get out of this crisis."
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