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The Central Bank announces an increase in the size of its reserves to more than 100 billion dollars.. What is the relationship with oil?
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Economy News - Baghdad
The Central Bank attributed the increase in the Iraqi dollar reserve to the stability of oil export imports, which it said was reflected in financing foreign commercial activity and supporting the dinar.
Deputy Governor of the Bank, Imad Hamad Khalaf, said in press statements followed by Al-Iqtisad News that the Central Bank of Iraq has recorded an increase in its reserves, currently exceeding 100 billion dollars.
Khalaf added, "The stability of Iraqi oil export imports contributed to increasing the cash reserve and was also reflected in financing foreign commercial activity and supporting the dinar."
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Added 03/02/2024 - 9:26 AM
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Economy News - Baghdad
The Central Bank attributed the increase in the Iraqi dollar reserve to the stability of oil export imports, which it said was reflected in financing foreign commercial activity and supporting the dinar.
Deputy Governor of the Bank, Imad Hamad Khalaf, said in press statements followed by Al-Iqtisad News that the Central Bank of Iraq has recorded an increase in its reserves, currently exceeding 100 billion dollars.
Khalaf added, "The stability of Iraqi oil export imports contributed to increasing the cash reserve and was also reflected in financing foreign commercial activity and supporting the dinar."
Views 137
Added 03/02/2024 - 9:26 AM
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