yota691 Posted February 19, 2017 Report Share Posted February 19, 2017 Central bank: able to cover Iraq's international obligations In the economy February 19, 2017 0 16 visit BAGHDAD / SNG The Central Bank of Iraq, Sunday, for his ability to cover Iraq's international obligations as well as foreign trade financing, as he emphasized that the country's reserves of foreign currency within the "international standards." The governor of the central bank on the Keywords in a press conference attended by SNG, that " the bank is able to cover Iraq 's international obligations and financing of foreign trade , " stressing that "Iraq 's reserve currency within the standards, and that the bank also covers the local currency by a large margin." Keywords and added that "Iraq 's debt ratio is acceptable compared to GDP, but should not exceed it." 9 Quote Link to comment Share on other sites More sharing options...
yota691 Posted February 19, 2017 Author Report Share Posted February 19, 2017 Central bank: able to cover Iraq's international obligations Sunday February 19, 2017 11:00 Alsumaria News / Baghdad announced the Central Bank of Iraq , Sunday, for his ability to cover the obligations of Iraq , international as well as foreign trade financing, as he emphasized that the country 's reserves of foreign currency within the "international standards." The governor of the central bank on the Keywords in a press conference attended by Alsumaria News, " The bank is able to cover Iraq 's international obligations and financing of foreign trade , " stressing that "Iraq 's reserve currency within the standards, and that the bank also covers the local currency by a large margin." Keywords and added that "Iraq's debt ratio is acceptable compared to GDP, but should not exceed it." 6 Quote Link to comment Share on other sites More sharing options...
Flamtap Posted February 19, 2017 Report Share Posted February 19, 2017 Thanks Yota.....Was there ever a doubt? 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted February 19, 2017 Author Report Share Posted February 19, 2017 Central bank: able to cover Iraq's international obligations Economy News / Baghdad ... The Central Bank of Iraq, Sunday, for his ability to cover Iraq's international obligations as well as foreign trade financing, as he emphasized that the country's reserves of foreign currency within the "international standards." The governor of the central bank on the Keywords in a press conference attended by "Economy News" that "the bank is able to cover Iraq's international obligations and financing of foreign trade," stressing that "Iraq's reserve currency within the standards, and that the bank also covers the local currency by a large margin." Keywords and added that "Iraq's debt ratio is acceptable compared to GDP, but should not exceed it." Views 280 Added 19/02/2017 - 11:09 Last updated 19/02/2017 - 14:43 No. Content 6746 7 Quote Link to comment Share on other sites More sharing options...
Boozer Posted February 19, 2017 Report Share Posted February 19, 2017 raze the rate and see if that helps ... I know it would help me 4 Quote Link to comment Share on other sites More sharing options...
DWitte Posted February 19, 2017 Report Share Posted February 19, 2017 (edited) Seems like this might be some of the best news ever. But just being the Animal that I am, I need some verification that what I just read is true. Edited February 19, 2017 by DWitte spelling 3 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted February 19, 2017 Report Share Posted February 19, 2017 Yota Thanks, DV, It seems that the CBI is gearing up so lets hope the plan of actions will be implemented as soon as "Liberation Of Mosul" is done. Things are progressing very well IMHO. 1 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted February 19, 2017 Report Share Posted February 19, 2017 Credit rating rise? Quote Link to comment Share on other sites More sharing options...
Laid Back Posted February 19, 2017 Report Share Posted February 19, 2017 (edited) This is good news.!!! The CBI have suffered chronic losses that eventually interfere with the effective conduct of monetary policy. Now we see they're able to cover international obligations. This means: -CBI is an independent entity -End of corruption inside central bank -Proper accounting practice Go CBI Go new monetary policy Go RV Edited February 19, 2017 by Laid Back 11 Quote Link to comment Share on other sites More sharing options...
skeetdog Posted February 19, 2017 Report Share Posted February 19, 2017 Thanks Yota.... 1 hour ago, bkeiller said: Credit rating rise? I believe Iraq gets their next credit review around the end of Q1.... 3 Quote Link to comment Share on other sites More sharing options...
nannab Posted February 19, 2017 Report Share Posted February 19, 2017 2 hours ago, skeetdog said: Thanks Yota.... I believe Iraq gets their next credit review around the end of Q1.... Is it March skeetdog? 1 Quote Link to comment Share on other sites More sharing options...
skeetdog Posted February 19, 2017 Report Share Posted February 19, 2017 6 minutes ago, nannab said: Is it March skeetdog? I think it's around the end of March... 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 19, 2017 Report Share Posted February 19, 2017 They could be sitting on this until the end of Mosul and a new international rating. 3 Quote Link to comment Share on other sites More sharing options...
sandfly Posted February 20, 2017 Report Share Posted February 20, 2017 Thanks now put power to the dinar 1 Quote Link to comment Share on other sites More sharing options...
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