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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


    Parliamentary Finance reveal declining Iraqi Central Bank reserves

    Rocky
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    • Post n°1

    Parliamentary Finance reveal declining Iraqi Central Bank reserves Empty Parliamentary Finance reveal declining Iraqi Central Bank reserves

    Post by Rocky Fri 16 Sep 2016, 2:49 pm

    Parliamentary Finance reveal declining Iraqi Central Bank reserves




    September 16, 2016 | 11:2

    Network Iraqi position

    Finance Committee in the House of Representatives revealed, on Thursday for a decrease in central bank reserves to less than $ 50 billion.

    And Zkredo Parliamentary Committee on Finance Hossam punitive in a press statement, the central bank does not talk about reserves "for fear of creating new crises," he said, adding that the government turned to internal borrowing from a bank Rafidain and Rasheed during the years 2015 and 2016, estimated at $ 15 billion without the return of these amounts with its benefits to the two banks.

    It is noteworthy that the central bank governor on the Keywords confirmed earlier, Iraq's commitment to the pledges made to the International Monetary Fund Ptoukatadtha specific, stressing that Iraq's reserves of foreign currency of $ 53 billion, which is consistent with international standards and regulations of the International Monetary Fund.


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    Rocky
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    • Post n°2

    Parliamentary Finance reveal declining Iraqi Central Bank reserves Empty Parliamentary Finance reveal the central bank's reserves fell to less than $ 50 billion

    Post by Rocky Tue 20 Sep 2016, 3:08 am

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    Parliamentary Finance reveal the central bank's reserves fell to less than $ 50 billion


     Baghdad / pro-Kanani term 

    Finance Committee in the House ofRepresentatives revealed, on Monday, the central bank reserves decreased to less than $ 50 billion, and while confirming that the central bank does not talk about reserves " for fear of creating new crises", she pointed out that thegovernment has turned to internal borrowing from a bank Rafidain and Rasheed , "without return these funds, as announced , the World gold Council, that Iraq was ranked 37th by gold reserves of 100 state reserves amounted to 89.9 tons, it revealed that its gold reserves accounted for 7.1% of its reserves of foreign currency. 
    A member of the Committee parliamentary Finance Hossam punitive in an interview with (long - Presse), said that " the amount of the Iraqi Central Bank reserves reached to below $ 50 billion , " noting that " the central bank does not talk about the size of reserves for fear of creating a new crisis." 
    He added punitive, that " Iraqi government headed domestic borrowing by government banks and private bank Rafidain and Rasheed during the years 2015 and 2016, estimated at $ 15 billion without the return ofthese funds with the benefits of the two banks. " 
    The governor of the central bank on the Keywords confirmed, on Sunday (11 September 2016), commitment Iraq pledges made to the international Monetary Fund Ptoukatadtha specific, especially as it is consistent with the orientations and objectives, noting that the Fund was surprised to be Iraq 's reserves of foreign currency more than its forecast of about ten billion dollars. 
    The Governor of the Central Bank and the agency on the Keywords confirmed, on Tuesday (21 from June 2016), that Iraq 's reserves of foreign currency of $ 53 billion, and with the exception that it is in line with international standards and regulations of the international Monetary Fund, hold the House of Representatives and the government responsible for the low reserve because Msadegthma on the financial budget in deficit. 
    in a related development announced gold Council Universal, that Iraq was ranked 37th by gold reserves of 100 state reserves amounted to 89.9 tons, as revealed that its gold reserves accounted for 7.1% of its reserves of foreign currency, he pointed out that Iraq did not buy gold since April of 2014 , which bought the 15.16 tons. 
    World gold Council said in a statement reported by his website and I followed the "long", said that "Iraq 'sreserves of gold remained stable and did not change, reaching 89.9 tons , " pointing out that "this amount represents 7.1% of its reserves of foreign currency, after they represent 4.6% during the month of January. "
    he said the Council, that" Iraq did not buy gold since last buy him in April 2014 in which 15.16 tonnes bought ,"noting that" Iraq was ranked 37 out of 100 countries possess reserves of gold it was inserted into a global central bank report to the reserves. " 
    the World gold Council has revealed, in January 2016, that Iraq had gold reserves of 89.8 tons, slipping from 2014, during which amounted to about 90 tons, and as he emphasized that it represents 4.6% of its reserves of foreign currency, pointed out that Iraq is ranked 37th among 100 countries , which has reserves of gold. 
    the CBI had announced in April 2014, the arrival of reserves of gold and 90 tons to support the value of theIraqi dinar, noting that it contributes to the strengthening the national economy. 
    the CBI had announced in March 2014, to buy 36 tons of pure gold to raise its capacity backup, he returned it aims to achieve " the highest safety of the financial" for Iraq in the world.
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