Central Bank: inflation in Iraq is scary which is less than neighboring countries
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Central Bank: inflation in Iraq is scary which is less than neighboring countries
Admin Wed Oct 16, 2013 7:11 am
13:48 16/10/2013
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[ltr]Baghdad - and babysit - considered the CBI, that inflation in Iraq is scary which is less than neighboring countries, stressing its ability to curb any inflation in the event of a rally.
The central bank governor said Abdel Baset Abdel Samad, in a press statement on Wednesday, said that "inflation in Iraq is scary and represents a modest compared to the size of inflation known," adding that "the latest statistics indicate that the rate of inflation in Iraq is 3.5% and if added her housing becomes 5.02%. "
He added that "our existing inflation is less than nearby areas of Iraq," explaining that "the bank is able to curb any in the event of rising inflation, however, must be sacrificed part of its reserves of hard currency."
He pointed out that "draw on the reserve Iraq of hard currency to reduce inflation due to the economy of Iraq is an economy yield unilateral depends on oil for its revenue in return is a net importer of many commodities," stressing that "it is wrong structurally in the economy" .. . p / i
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://alrayy.com/&sandbox=0&usg=ALkJrhhu52hSk0zPxwWVpACfT8-IOgm0Ag
[/ltr]
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[/ltr][ltr]Baghdad - and babysit - considered the CBI, that inflation in Iraq is scary which is less than neighboring countries, stressing its ability to curb any inflation in the event of a rally.
The central bank governor said Abdel Baset Abdel Samad, in a press statement on Wednesday, said that "inflation in Iraq is scary and represents a modest compared to the size of inflation known," adding that "the latest statistics indicate that the rate of inflation in Iraq is 3.5% and if added her housing becomes 5.02%. "
He added that "our existing inflation is less than nearby areas of Iraq," explaining that "the bank is able to curb any in the event of rising inflation, however, must be sacrificed part of its reserves of hard currency."
He pointed out that "draw on the reserve Iraq of hard currency to reduce inflation due to the economy of Iraq is an economy yield unilateral depends on oil for its revenue in return is a net importer of many commodities," stressing that "it is wrong structurally in the economy" .. . p / i
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://alrayy.com/&sandbox=0&usg=ALkJrhhu52hSk0zPxwWVpACfT8-IOgm0Ag
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