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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


    Economist are skeptical that massive CBI reserves will not work without exploitation of wise and ind

    Rocky
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    • Post n°1

    Economist are skeptical that massive CBI reserves will not work without exploitation of wise and ind Empty Economist are skeptical that massive CBI reserves will not work without exploitation of wise and ind

    Post by Rocky Wed 17 Apr 2013, 2:30 pm

    Economist are skeptical that massive CBI reserves will not work without exploitation of wise and independent


    Baghdad (newsletter). There is no doubt that the national economy is surrounded by many potential challenges as declining oil sales or security tensions, but experts in finance and economy dissipated such fears two documents that the Central Bank has a large reserve of hard currency and gold being able to confront the mightiest economic shocks anticipated and curb inflation.

    He said financial expert Samir Al-nasiri (News Agency): the Central Bank can maintain the stability of the national economy through its financial reserve, noting that the Central Bank’s reserves record over the past year 2012 top the Bank on Iraq and is 67 billion dollars, so there is no doubt the Central Bank’s capacity to deal with any economic fluctuations.

    He said: despite our confidence in the Central Bank to control the stability of the market, but we pray that there is a rational exploitation of Central Bank reserve through autonomous monetary policy led by the Central Bank in accordance with the law.

    Others questioned the possibility of the Central Bank of reserve units in maintaining the stability of the Iraqi economy, saying that you should count as economic reserve is oil and gas stocks.

    Accordingly, the financial expert said Bassem Jamil Antoine (News Agency): the Central Bank of reserve funds went not equal oil exports for one year, indicating that the main possible reserve to protect the economy of Iraq is oil and gas stocks located in the ground.

    The oil Ministry statistics indicate that oil reserves reached nearly 150 billion barrels of oil and 19 billion cubic meters of gas, up to February of this year, indicating that these precautions are big and bulky that protects the Iraqi economy and not the other.

    According to statistics of the Central Bank of Iraq in August of last year, Iraq remains ranked 44 among the more than 115 State list gold holdings, ranked 52 among the more than 102 countries on a list of foreign currency account of the International Monetary Fund.

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