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Cash reserves reach their highest levels of more than $90 billion
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Economy News-Baghdad
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Added 12/14/2022 - 9:52 AM
Updated 12/14/2022 - 2:45 PM
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Economy News-Baghdad
The Central Bank announced that the volume of currency reserves had reached its highest level in the history of the State of Iraq, while indicating that public finances have an opportunity to compensate all the disadvantaged and those with low salaries among retirees.
The Central Bank's advisor, Ihsan Shamran Al-Yasiri, said in a statement: "The central bank's reserves have reached their highest levels in the history of the Iraqi state and have exceeded $90 billion," explaining that "what we are counting on is not the central bank's reserves, but rather the performance of public finances that are now enjoying sufficient abundance." Too much money."
Al-Yasiri continued, "The central bank's work is to manage monetary policy and intervene to fix problems related to the exchange rate and others," noting that "the bank's reserves are still abundant and our procedures are rational."
Views 110
Added 12/14/2022 - 9:52 AM
Updated 12/14/2022 - 2:45 PM
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