5/19/15
Baghdad ~ / my day: Revealed the Iraqi Central Bank, said the bank reserve "will not affect", in any form, indicating that the current reserves higher than the previous month, while pointing out that if Iraq remained dependent on oil resources as a source basis will remain affected "negatively and positively" with the rise and fall Alinvt.oukal Governor of the Central Bank of Iraq Mahdi Keywords prices in a press statement on the sidelines of a seminar organized by the Association of private banks in Iraq on the application of international accounting standards in Baghdad, said the hotel "the central bank reserves change on a daily basis based on the central bank to cover Foreign purchases or foreign trade and building on imports of Iraq in the oil sector and imports of the dollar, "noting that" the reserve has not been touched and will not affect in any way in this month's central bank reserves is higher than the reserves the previous month and this is a good sign. "He added Keywords, that" monetary policy is trying to balance the need for Iraq in the various pieces of foreign currency in the exchange rate which is very important balance in order to keep the reserve force coverage of the currency being the cover of the local currency. "He Keywords," we hope that the Iraqi economy strength is the real power of the Iraqi dinar, not just operations buying and selling of the currency, and therefore needs to reform processes of great economic and plans to have the Iraqi dinar strongly in the markets, "adding that" Iraq if it remained dependent on oil resources basis as a source will remain adversely affected and positively with the ups and downs of oil prices. "
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