Central poses bonds in local currency for sale
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Central poses bonds in local currency for sale
Admin Thu Aug 27, 2015 10:56 am
Thursday 27 August 2015
| 15:44
An informed source in the Iraqi Central Bank revealed last willing to put up bonds in local currency for sale.
Where the source explained that "Iraq needs funds in local currency and not in hard currency, so the central bank is preparing to launch bonds in local currency for sale in order to strengthen the local currency.
The source added that the bonds that will be put forward will be available to all citizens and the various classes in order to take advantage of it will be local and national sales, noting that a mechanism will be announced in the near future.
The source continued that there is a surplus in foreign currency in the country and, therefore, he went to the Central Bank to sell bonds in the national local currency away from the dollar sold.
http://www.alqurtasnews.com/news-category/7/إقتصاد
| 15:44
An informed source in the Iraqi Central Bank revealed last willing to put up bonds in local currency for sale.
Where the source explained that "Iraq needs funds in local currency and not in hard currency, so the central bank is preparing to launch bonds in local currency for sale in order to strengthen the local currency.
The source added that the bonds that will be put forward will be available to all citizens and the various classes in order to take advantage of it will be local and national sales, noting that a mechanism will be announced in the near future.
The source continued that there is a surplus in foreign currency in the country and, therefore, he went to the Central Bank to sell bonds in the national local currency away from the dollar sold.
http://www.alqurtasnews.com/news-category/7/إقتصاد
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