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New mechanisms for auction currency in the Central Bank
3/3/15
BAGHDAD / Obelisk: Iraq does not suffer from any decline in hard currency, and has good revenue and there are no worries.
The Governor of the Central Bank of Iraq on the Keywords, on Tuesday, for the development of new mechanisms for the auction currency, which "is no longer a daily window," he said, adding that a lot of hard currency being smuggled out of the country as well as for use in the operations of corruption.
Keywords and expressed "surprise at the statements of some officials about the low reserves of hard currency," stressing that "Iraq does not suffer from any decline in hard currency, and has good revenue and there are no worries."
While stressing that "the Iraqi dinar is covered at 150% of hard currency."
And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.
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3/3/15
BAGHDAD / Obelisk: Iraq does not suffer from any decline in hard currency, and has good revenue and there are no worries.
The Governor of the Central Bank of Iraq on the Keywords, on Tuesday, for the development of new mechanisms for the auction currency, which "is no longer a daily window," he said, adding that a lot of hard currency being smuggled out of the country as well as for use in the operations of corruption.
Keywords and expressed "surprise at the statements of some officials about the low reserves of hard currency," stressing that "Iraq does not suffer from any decline in hard currency, and has good revenue and there are no worries."
While stressing that "the Iraqi dinar is covered at 150% of hard currency."
And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.
[You must be registered and logged in to see this link.]
