Economist: strengthening Aahtaati gold will support the value of the national currency

| On 2013-03-04

BAGHDAD / electronic integrity

The economic expert on behalf of Jamil that promote Aahtaati gold in Iraq, in addition to the dollar is a positive step towards supporting the value of the national currency.

Jameel said in a statement received probity electronic copy of it today that "there is a global economic crisis hit the regions of the dollar and the euro and this affects on Aqsadiat developing countries.

"The central bank action towards strengthening its gold reserves and reduce its dependence on the dollar is a positive step because it supports the national economy and keeps it from being lost.

The economic crisis hit the regions of the dollar and the euro, which led to price volatility and kept most of the world of the dollar as essential, Valtjot currency to store gold is considered a safe haven for national currencies to keep them from getting lost.


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Promotion side of Iraq's gold reserves from the crisis that hit the regions of the dollar and the euro
Date: Monday 04/03/2013 08:38 pm





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Citizen - Follow-up
Praised the economic expert on behalf of Jamil, procedures the central bank to strengthen the reserves of gold in addition to the dollar and describing positive step towards supporting the value of the national currency, said Jamil: there global economic crisis hit the regions of the dollar and the euro, what will affect the economies of Third World countries, including Iraq.

Explained: that Most countries in the world started custody of the dollar as the currency essential because its price wobbling due to the crises of global economic, Valtjot to store gold is considered a safe haven for the national currencies to keep them from getting lost.

added: that a central bank to strengthen its reserve of gold and to reduce reliance on the dollar step positive and will support the national economy and the Iraqi dinar.

The reports issued by international organizations pointed out that Iraq sought refuge about storing gold to enhance its gold reserves and reduce the monetary reserves of the dollar in order to preserve its assets and the stability of the exchange rate of the Iraqi dinar.

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