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Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country

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Post by RamblerNash Fri Sep 16, 2022 9:01 pm

Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country 4071
Update 09/17/2022 - 3:44 AM
  
Economy News - Baghdad

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, considered that the rise in foreign exchange reserves is a real monetary stability for the country.

Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."

Saleh added, in a statement to "Nina" news agency, and followed by "Economy News", that "these reserves are managed according to the internationally approved standard investment guides and in the various main existing currencies, and they are invested in the best international financial instruments with a high credit rating and low risks, and it is one of the actions of the country's foreign monetary policy."

https://economy-news.net/content.php?id=29727

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