Central Bank confirms that it will invest its reserves of hard currency early next year

27/10/2014 13:22

Tomorrow Press / Baghdad: revealed the parliamentary Committee of Economy, on Monday, the CBI promised that he will invest its assets in foreign currency and gold early next year.

Said committee member Jawad al-Bolani for "tomorrow's Press," "The Committee hosted a few days ago, the central bank governor and his deputy, and a number of general managers which have been found on the Bank's activities and future plans, as well as discuss the central bank's reserves."

Bolani said that "the central bank said the committee that what exists reserves of hard currency and gold will be invested early next year in various projects aiming to participate in the reconstruction of infrastructure in the whole country for which will be reflected positively on the gross domestic product of Iraq."

And announced parliamentary economic paradise in a statement issued after a meeting with a delegation of the Central Bank of Iraq, Wednesday, that the central bank has reserves of hard currency of 74 billion and $ 300 thousand, as well as the presence of cash in circulation in the mass market of 40 trillion dinars.


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Bolani: Central Bank will invest its reserve of hard currency early next year


October 27, 2014, 14:13

Baghdad _ ((eighth day))

Revealed to the Parliamentary Commission of Economy, on Monday, the CBI promised that he will invest its assets in foreign currency and gold early next year.

Said committee member Jawad al-Bolani said that "the Commission hosted a few days ago, the central bank governor and his deputy, and a number of general managers which have been found on the Bank's activities and future plans, as well as discuss the central bank's reserves."

Bolani said that "the central bank said the committee that what exists reserves of hard currency and gold will be invested early next year in various projects aiming to participate in the reconstruction of infrastructure in the whole country for which will be reflected positively on the gross domestic product of Iraq."

And announced parliamentary economic paradise in a statement issued after a meeting with a delegation of the Central Bank of Iraq, Wednesday, that the central bank has reserves of hard currency of 74 billion and $ 300 thousand, as well as the presence of cash in circulation in the mass market of 40 trillion dinars.


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