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Governor of the Central Bank and the Agency: 76 billion Dolaraanaati the Central Bank of hard currency

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Governor of the Central Bank and the Agency: 76 billion Dolaraanaati the Central Bank of hard currency Empty Governor of the Central Bank and the Agency: 76 billion Dolaraanaati the Central Bank of hard currency

Post  Admin Sat Jul 06, 2013 9:25 am

[ltr]Governor of the Central Bank announced Agency Abdul Basit Turki head of the Office of Financial Supervision said the central bank reserves of $ 76 billion. 

Said Turki said there stocks at the Ministry of Finance out of stock of the central bank, and there is an expectation to raise the roof the general budget of the country in the future.



Adding that the support of the Iraqi currency does not rely on gold as a 10% of the stock of the state, and Iraq will depend in treasury since 1971 on foreign currency , explaining that Iraq after his release from the provisions of Chapter VII, will pursue a new approach more sophisticated in the budget in the currency exchange rate in the country and will move more easily after the lifting of the restrictions, trusteeship, which was imposed by Chapter VII. [/ltr]



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