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08/03/2011: History
Significant increase in dollar sales in Iraq
Radio Sawa
Iraqi Central Bank has registered a remarkable increase in sales of the dollar during a tour of his dealings on Tuesday.
The value of sales to about 170 million dollars, with payment of the needs of government and private banks, said adviser to the CBI for the appearance of Mohammed's "Radio Sawa".
He denied the rumors in favor of money-men and speculators on the decline of foreign exchange reserves in the Iraqi market, pointing to price stability, covering the commercial transactions taking place in the country.
The central bank had announced earlier that its reserves reached $ 50 billion last year, which proved the efficiency of monetary policy adopted by the central bank to protect the Iraqi dinar.
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