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Zebari: Low Iraqi Central Bank reserves of foreign exchange L68 billion
26/2/2015
Agencies said Finance Minister Hoshyar Zebari, on Thursday, the Iraqi Central Bank's foreign exchange reserves fell to reach $ 68 billion now; because of the financial crisis plaguing the country. Iraq had recorded a rise in hard currency reserves over the past years, to that arrived in 2013 to about $ 76 billion, according to the latest released official data on the central bank, which means dropping by about $ 8 billion. Zebari said at a press conference in Baghdad: The financial crisis that has plagued Iraq, due to the drop in oil prices, expenses and the purchase of weapons, military equipment necessary to confront terrorism organization Daash.
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26/2/2015
Agencies said Finance Minister Hoshyar Zebari, on Thursday, the Iraqi Central Bank's foreign exchange reserves fell to reach $ 68 billion now; because of the financial crisis plaguing the country. Iraq had recorded a rise in hard currency reserves over the past years, to that arrived in 2013 to about $ 76 billion, according to the latest released official data on the central bank, which means dropping by about $ 8 billion. Zebari said at a press conference in Baghdad: The financial crisis that has plagued Iraq, due to the drop in oil prices, expenses and the purchase of weapons, military equipment necessary to confront terrorism organization Daash.
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