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Governor of the Bank: Ahtiatatna of hard currency and very good cover of the Iraqi dinar to 150%
Tuesday 3 March 2015 11:40
Alsumaria News / Baghdad
showed the central bank governor on the Keywords, on Tuesday, was surprised at the statements of some officials about the low reserves of hard currency, stressing that Iraq does not suffer from any decline and has good revenue and there are no concerns, as pointed out that the Iraqi dinar is covered by 150 % of hard currency. Alak said in an interview for the Sumerian News, "The level of coverage of the Iraqi dinar from the hard currency reserves of 150%", surprising at the same time "of statements by some officials of the bank is on the low reserves of hard currency."
Keywords and added that "the Bank reserves of hard currency is very good and does not suffer from this problem and will not suffer, considering that Iraq has an important source of resources to the dollar, a crude oil sale." The Finance Minister Hoshyar Zebari, in February 26, 2015, has said the reserves Central Bank dropped now to reach $ 68 billion, after rising during the previous period to more than that. The Central Bank of Iraq, in October 2013, for the arrival of the size of its reserves of hard currency to 76 billion and $ 500 million, and that it represents the highest rate up the Bank of the currency in the history of Iraq.
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Tuesday 3 March 2015 11:40
Alsumaria News / Baghdad
showed the central bank governor on the Keywords, on Tuesday, was surprised at the statements of some officials about the low reserves of hard currency, stressing that Iraq does not suffer from any decline and has good revenue and there are no concerns, as pointed out that the Iraqi dinar is covered by 150 % of hard currency. Alak said in an interview for the Sumerian News, "The level of coverage of the Iraqi dinar from the hard currency reserves of 150%", surprising at the same time "of statements by some officials of the bank is on the low reserves of hard currency."
Keywords and added that "the Bank reserves of hard currency is very good and does not suffer from this problem and will not suffer, considering that Iraq has an important source of resources to the dollar, a crude oil sale." The Finance Minister Hoshyar Zebari, in February 26, 2015, has said the reserves Central Bank dropped now to reach $ 68 billion, after rising during the previous period to more than that. The Central Bank of Iraq, in October 2013, for the arrival of the size of its reserves of hard currency to 76 billion and $ 500 million, and that it represents the highest rate up the Bank of the currency in the history of Iraq.
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