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Message Subject Iraq an economic Study
Poster Handle Alexander
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Tgirl: Baghdad (newsletter). Confirmed the decision of the Commission on economy and investment Deputy of the Kurdistan blocs Coalition//mehma Khalil, to increase the Central Bank's reserves of hard currency will enhance the stability of the Iraqi dinar and develop national economy.

He said Khalil (News Agency): to increase the Central Bank's cash reserves of
more than 80 billion dollars, meaning that each Iraqi dinar is inside Iraq or
abroad is covered by two and a half dollar, the volume of cash to Iraqi currency
blocs (33) trillion dinars.

He added that this increase will enhance the stability of the exchange rate of
the Iraqi dinar against the US dollar and international currency because it will
be a safe haven, with the addition that will enhance the growth of the national
economy.

The Iraqi Central Bank announced an increase of cash reserve of hard currency
to more than 80 billion dollars./finished/8 l. Eng. LINK [ [link to r20.rs6.net]
 
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