Central Bank: the local market Msatralih and the dinar has become a strong currency is not affected by the volatility of regional

[rockhound60]

Central Bank: the local market Msatralih and the dinar has become a strong currency is not affected by the volatility of regional

BAGHDAD / Conference Revealed the deputy governor of the Central Bank of the appearance of Mohammed Saleh, a new policy with the central bank to avoid the risk of the impact of currencies of neighboring countries on the Iraqi dinar exchange rate, as it has a cash reserve large hard currency. Saleh said (of the Agency news) said on Wednesday: The Central Bank has the largest financial reserve of hard currency in the history of Iraq, reaching more than (60) billion dollars to cope with difficult circumstances that may pass in the country. He pointed to: that the Central Bank of Iraq in control of the local market by injecting liquidity or withdrawn and has a policy on the medium term and short to avoid serious impact Tdhoramlat neighboring countries on the Iraqi currency, continued, that the reserve is sufficient for a full year to meet the needs of the country of hard currency. He added that the Iraqi dinar today has become a strong and covered with foreign currency and by more than all (100%), so it is not easily affected by in front of exchange rate fluctuations of the currencies of neighboring countries. and the Deputy Governor of Central Bank: the sale and purchase of the dollar in the local markets are now through the window and not through the auction, in order to maintain stability at the exchange rate of the Iraqi dinar against foreign currency, shall be through inventory liquidity of the Iraqi dinar in the market and then is pumped into the dollar either in the form of cash Aoicon in the form of «transfers» specialized private traders for importation of goods. The Altoman Iran has dropped significantly against the U.S. dollar where it reached (320) Toman Iran against one U.S. dollar a , while in front of the Iraqi dinar has fallen at a rate (50%), where he was Altoman Iranian equivalent of one (1000) Iraqi dinars, while now the equivalent of (500) Iraqi Dinars.

http://translate.goo...wrysRuErxWzKylw

[Alex38]

Is this new?

[EagleEye]

my favorite line is ::

He added that the Iraqi dinar today has become a strong

:lol:

GO RV !!

[Alex38]

my favorite line is ::

He added that the Iraqi dinar today has become a strong

:lol:

GO RV !!

Does TODAY mean SOON? hahahahaha

[yota691]

more than (60) billion dollars, they quit adding, an start to use the word More!! Wonder why?

[GinaG]

[Patriotic_mess]

my favorite line is ::

He added that the Iraqi dinar today has become a strong

:lol:

GO RV !!

That popped out at me too, strong is a wierd choice of words for a currency that takes over a thousand to make one USD.

[Tirebiter]

This article came out earlier this week. Right at the same time the currency auctions dropped. I'm unsure what exactly it means, but is not from today for sure.

[Alex38]

I feel like this is an older article... is it?

[JWJW11]

I feel like this is an older article... is it?

Looks recycled

[Alex38]

Looks recycled

yeah... it does.

[GotSix]

more than (60) billion dollars, they quit adding, an start to use the word More!! Wonder why?

& he also stated.... "with foreign currency and by more than all (100%)" meaning they quit adding that as well

[RGD_Wolverine]

Look's like it was from yesterday

Edited February 4, 2012 by RGD_Wolverine

[Carrello]

Rockhound, even though it may be yesterday's news, thank you for bringing it over to us. Your dedication and diligence is a huge asset for all here.

[redsand]

This article has been recycled numerous times over the past few months for sure.