Parliamentary Finance: Central Bank reserves stood at 72 billion dollars
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Parliamentary Finance: Central Bank reserves stood at 72 billion dollars
Admin Tue Nov 26, 2013 7:30 am
[ltr]
A11/25/2013 19:34 [/ltr]
[ltr]Tomorrow's Press / Baghdad: A member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri, Monday, that the Iraqi Central Bank reserves stood at 72 billion dollars, saying that the reserve bank to replace the foreign currency being keeps the price of gold reversed.
Yasiri said for "tomorrow's Press," that "the Iraqi Central Bank reserves of foreign currency is 72 billion dollars, instead of the gold reserves."
He Yasiri that "At the moment gold little value as demand was replaced reserves the central bank to foreign currency being keeps the price unlike gold," adding that "everything that there is a demand for the metal in the world there is a rise and all the less demand at least the price of the metal ".
It is noteworthy that the Iraqi Central Bank was established as an independent bank under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.
http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alghadpress.com/ar/NewsDetails.aspx%3FNewsID%3D1459&sandbox=0&usg=ALkJrhj06huK-BMXCPW_jDuFLbWkKAIWHg
[/ltr]
A11/25/2013 19:34 [/ltr]
[ltr]Tomorrow's Press / Baghdad: A member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri, Monday, that the Iraqi Central Bank reserves stood at 72 billion dollars, saying that the reserve bank to replace the foreign currency being keeps the price of gold reversed.
Yasiri said for "tomorrow's Press," that "the Iraqi Central Bank reserves of foreign currency is 72 billion dollars, instead of the gold reserves."
He Yasiri that "At the moment gold little value as demand was replaced reserves the central bank to foreign currency being keeps the price unlike gold," adding that "everything that there is a demand for the metal in the world there is a rise and all the less demand at least the price of the metal ".
It is noteworthy that the Iraqi Central Bank was established as an independent bank under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.
http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alghadpress.com/ar/NewsDetails.aspx%3FNewsID%3D1459&sandbox=0&usg=ALkJrhj06huK-BMXCPW_jDuFLbWkKAIWHg
[/ltr]
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