Central reserves exceed 50 billion
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Central reserves exceed 50 billion
by RamblerNash Sun Mar 11, 2018 12:21 pm
Central reserves exceed 50 billion
03/11/2018
Economy News _ Baghdad
The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars.
"The time has come for banks to diversify their portfolios through the settlement of salaries through ways to attract traders and importers who are more familiar with the market, and should work in this direction in the future," said Mahmoud Dagher. .
He pointed out that "the improvement of the value of the Iraqi dinar against the dollar recently, is not a new phenomenon, but the outcome of the work continued for a full year, was through the identification of large measures on the process of presentation of currency and address the violations of demand.
Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.
However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change."
http://economy-news.net/content.php?id=11480
03/11/2018
Economy News _ Baghdad
The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars.
"The time has come for banks to diversify their portfolios through the settlement of salaries through ways to attract traders and importers who are more familiar with the market, and should work in this direction in the future," said Mahmoud Dagher. .
He pointed out that "the improvement of the value of the Iraqi dinar against the dollar recently, is not a new phenomenon, but the outcome of the work continued for a full year, was through the identification of large measures on the process of presentation of currency and address the violations of demand.
Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.
However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change."
http://economy-news.net/content.php?id=11480
RamblerNash- GURU HUNTER
- Posts : 24230
Join date : 2015-02-19
Similar topics» Iraqi cash reserves exceed $ 55 billion
» Zebari: low central bank reserves to $ 59 billion
» Iraq's water reserves exceed 50 billion cubic meters
» Iraq's forex reserves to exceed $90 billion by the end of 2022, Finance Minister says
» UNDER THE AUSPICES AND PRESENCE OF HE DR. MOSTAFA MADBOULY, PRIME MINISTER OF THE ARAB REPUBLIC OF EGYPT AND THE GENEROUS INVITATION OF THE CENTRAL BANK OF EGYPT, THE ARAB MONETARY FUND ORGANIZES THE 43RD MEETING OF THE BOARD OF GOVERNORS OF CENTRAL BANKS
» Zebari: low central bank reserves to $ 59 billion
» Iraq's water reserves exceed 50 billion cubic meters
» Iraq's forex reserves to exceed $90 billion by the end of 2022, Finance Minister says
» UNDER THE AUSPICES AND PRESENCE OF HE DR. MOSTAFA MADBOULY, PRIME MINISTER OF THE ARAB REPUBLIC OF EGYPT AND THE GENEROUS INVITATION OF THE CENTRAL BANK OF EGYPT, THE ARAB MONETARY FUND ORGANIZES THE 43RD MEETING OF THE BOARD OF GOVERNORS OF CENTRAL BANKS
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Iraq is being torn apart
» Dinar Devalues 22%
» Military whistleblower claims US has UFO retrieval program
» Pedophiles beware
» Tucker on twitter
» The Great Awakening
» Rehabilitation of the Church of the Virgin Mary in the province of Basra within the Tamkeen project for community initiatives
» Frenetic Tony
» Introduce myself
» New Hands
» a quickie
» My name is Tiger.
» Phony Tony and the Lying Game
» Planetary liberation alliance scores major victories as Biden Horror show taken over
» What if the real truth about the Fox News/Dominion/Carson, etc. situation is something totally different?
» The Central Bank supports the international "Buna" platform with $50 million
» Whats on the Menu at the Renfrow Diner?
» DINAR IRAQ AND DONG VIETNAM UPDATE 4/19/23
» Word by Tucker Carlson
» Now Tucker can say what he really believes in about our controllers.
» Tony serves up another Nothing Burger
» Central Bank: Available cash is not available and we have a plan to attract money
» Guru MarkZ 4/20/23 am
» Guru MountainGoat 4/20/23
» Guru Sandy Ingram 4/20/23
» Guru Judy 4/20/23
» Guru Bruce Dingleberry 4/19/23
» Predictable Tony yet again
» Guru MarkZ 4/10/23 am
» Guru Nader 4/11/23
» Guru MilitiaMan 4/11/23
» Guru Judy 4/11/23
» Guru Frank26 4/10/23
» Guru Wolverine 4/7/23
» Guru Sandy Ingram 4/7/23
» Guru Nader 4/7/23
» Gurus Frank26 & Firefly 4/7/23
» Guru Bruce Dingleberry 4/7/23
» Guru MarkZ 4/7/23 am