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CBI: We have 80 tons in gold reserves
5/5/2015
The Central Bank of Iraq, on Saturday, that the gold reserves of 80 tons, which is equivalent to 10% of the reserve has, stressing that all backups of internationally acceptable levels.
The governor of the Iraqi Central Bank on the Keywords in remarks to reporters, including a correspondent of the agency "Anatolia", that "the Central Bank reserves include foreign currencies and bonds and 80 tons of gold, which represents 10% of the Iraqi Central Bank reserves", refusing to disclose the total reserve size of the Central Bank But he stressed that "a reserve variable rises and falls daily because it depends on oil imports."
The Keywords The reserve comfortable and good, one of the internationally accepted rates.
Iraq seeks to compensate for the drop in oil prices by pumping more crude oil due to the need for more liquidity to finance large-scale military campaign against al "Daash."
And controlled organization "Daash" large parts north and west of the country but vital oil fields and export facilities in the south and north of the country remained safe from attacks.
The Hoshyar Zebari, the Minister of Finance in the Iraqi government had said in February 27 last that the Iraqi Central Bank's reserves of hard currency dropped to $ 68 billion, down from his number in 2013 after arriving to $ 76.5 billion, which was the highest in the history of Iraq.
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5/5/2015
The Central Bank of Iraq, on Saturday, that the gold reserves of 80 tons, which is equivalent to 10% of the reserve has, stressing that all backups of internationally acceptable levels.
The governor of the Iraqi Central Bank on the Keywords in remarks to reporters, including a correspondent of the agency "Anatolia", that "the Central Bank reserves include foreign currencies and bonds and 80 tons of gold, which represents 10% of the Iraqi Central Bank reserves", refusing to disclose the total reserve size of the Central Bank But he stressed that "a reserve variable rises and falls daily because it depends on oil imports."
The Keywords The reserve comfortable and good, one of the internationally accepted rates.
Iraq seeks to compensate for the drop in oil prices by pumping more crude oil due to the need for more liquidity to finance large-scale military campaign against al "Daash."
And controlled organization "Daash" large parts north and west of the country but vital oil fields and export facilities in the south and north of the country remained safe from attacks.
The Hoshyar Zebari, the Minister of Finance in the Iraqi government had said in February 27 last that the Iraqi Central Bank's reserves of hard currency dropped to $ 68 billion, down from his number in 2013 after arriving to $ 76.5 billion, which was the highest in the history of Iraq.
[You must be registered and logged in to see this link.]
