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IMF: Iraq reserves of 68 billion dollar

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IMF: Iraq reserves of 68 billion dollar Empty IMF: Iraq reserves of 68 billion dollar

Post  Admin Thu Jun 18, 2015 9:01 am

Date: 17/06/2015 17:35

Information / Baghdad / ..
The International Monetary Fund, on Wednesday, Iraq increased reserves from the dollar for the past year to up to 68 billion.

The IMF said in a statement quoted by the Central Bank of Iraq and received by the agency / information a copy of "Iraq reserves from the dollar now stands at $ 68 billion, compared with 66 billion at the end of last year."

The Central Bank of Iraq has acknowledged, Wednesday, that the procedures to reduce the dollar exchange rate against the dinar is not enough unless it is supported, expected to reduce the dollar over the next few days.

The Central Bank of Iraq, decided on Tuesday, Saturday officially regarded as durable, banks to meet the need of the currency, noting that it reduced the duration of the special deposit amounts from ten to five days.

And saw the dollar exchange rate rose steadily in the local markets, from about 1200 dinars to the dollar, the beginning of the current 2015 to 1400 dinars Halaa.


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