Smart answer: local currency bond issuance would improve the value of the Iraqi dinar
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Smart answer: local currency bond issuance would improve the value of the Iraqi dinar
Admin Sat Dec 28, 2013 3:41 pm
17-11-2013
Baghdad - She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the new Central Bank issue bonds in dinars within the Bank's policy to improve the value of the Iraqi currency against other currencies.
Najib said (News Agency): former Central Bank bonds were in foreign currency, the Bank of dinar bond issue not to restrict its work to other currencies.
She added that the Bank will increase the bond order for five years and hopes the Central Bank issued the first tranche before the end of the year, although that decision will be taken with the participation of the Ministry of finance.
He said Abdel Basset Turki said Iraqi Central Bank Governor that Iraq is planning to issue bonds in local currency for the first time to fiscal policy and not for the Swans need.
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Findex.php%3Fpage%3Darticle%26id%3D108214
Baghdad - She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the new Central Bank issue bonds in dinars within the Bank's policy to improve the value of the Iraqi currency against other currencies.
Najib said (News Agency): former Central Bank bonds were in foreign currency, the Bank of dinar bond issue not to restrict its work to other currencies.
She added that the Bank will increase the bond order for five years and hopes the Central Bank issued the first tranche before the end of the year, although that decision will be taken with the participation of the Ministry of finance.
He said Abdel Basset Turki said Iraqi Central Bank Governor that Iraq is planning to issue bonds in local currency for the first time to fiscal policy and not for the Swans need.
http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Findex.php%3Fpage%3Darticle%26id%3D108214
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