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World Gold Council: Iraq ended 2019 without buying anything from it


yota691
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logo jumhuriyaEconomist: currency backed by more than one and a half times their value does not fear them
Sun, 12 Mar 2017 10:06:53
 
 
 
 
 

 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

Stressed the economic expert on behalf of Antoine, Sunday, the Iraqi currency backed by more than worth one and a half and no fear of in this regard, and as explained as backed by the hard dollar currency in addition to gold, he pointed out that the currency is not the foundation but is the economic face of the country only.

 

Said Antoine in a press statement that "the Iraqi currency backed by scarce more than the real value of the currency and a half times and no fear of in this regard," he said, adding that it "supported the dollar and gold as well, but the basic cover is the dollar and the cover is in the market, local and international banks."

In a question as what was to increase support through the dollar or gold will increase from the Iraqi currency, the economist, said that "explained the currency in order to ensure the flow of goods and strength you need for a cap in foreign currency," he said, adding that the currency is not the foundation but is the economic face of the country only when a country's economy is recovering recuperative currency automatically. "

 

And the US dollar the role of world's reserve currency as central banks in most countries of the world retain large reserves of US dollars to meet the needs of imported goods and services, and thus the dollar seizes two-thirds of foreign exchange reserves in the world and 80% of the swaps and foreign exchange rate.

  

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why would someone need to walk around with 25000 Dollars in there pocket. if it goes 1 to 1.. I would never do that lucky to have 100 in cash, Plastic is safer.. we have heard this a few years back. But I think is was  2 to 1 . So give me 25 cent and I'm at the bank. so what do you think 25k dinar. will be , 25k., 2,500,, 250., 25. ? would just like to hear your input and why...

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is  this  the  same economist  , who spoke of  the " real value of dinar is now "  think  that fellow  was posted at the end of 2016 ,  if  this is a different economist  ,  it  would seem as though  the  whole of Iraq  is  starting too , or has been , biting at the bit  too get  the dinar  back too a positive  value ...   give them  power of their own currency , they have shown they have the unity to come together and  push out  the bad guys ,  { with the help from outside , but still they  did take too the sand for the fight } ...   and  just  Saturday ,  think yota , or someone , posted the article  where  the parliament is questioning the budget ...  which in the first place  has been completed   in whole ,  by the 2 nd  month of the year , with the  new  %  percentiles  going too the regional communities ..

[ something  that  jack weed  ,  malarkey ,  could not get done   with 8 months  of a year } ...     lets see ,  kick the poop out of  dash -rip shites  ,  budget passed with in a  2 month period ,  power ,  24 hours a day not far off  ,  gas  , and oil  shipping  still strong ,   taxation  through imports  , and  big business rolling into  the country  ...  just too name a few of the new money makers  instead of oil ...    --------- > yep ,  time  too get  the  dinar  up too  1 too 1  ,  and  they can keep  the  half ,  for a rainy day  B) 

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9 minutes ago, SnowGlobe7 said:

ahhh the old age question...do you want the rate or the date?????

Both would be nice lol... but at this rate i guess "soon" is good enough for the date and as for the rate anything in double figures will do me ..(0.10 up)...

Edited by NoviceInvestor
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  • 1 month later...
History of edits:: 2017/4/18 13:20 • 34 times readable
Iraq's fifth Arab gold reserves
[Oan- follow - up] 
World Gold Council announced that the world 's gold reserves rose to April, indicating that Iraq maintained the Arab fifth of the world 's reserves rank.
The Council stated in statistics published on its website that the world 's gold reserves rose for the month of April by 70 tonnes for the month of last March to reach 33 thousand and 329 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5 tons, followed by Germany with 3.377 tons. 
The Council added that Iraq , which was ranked fifth Arab maintained the 37th place worldwide out of 100 countries listed in the international financial statistics for global reserves of gold during the month of April of this year , 2017. 
The Council noted that Iraq 's gold reserves remained constant as recorded 89.8 tonnes , a representing 7.9 of the rest of the other currencies , "noting that" the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought. " 
the Central Bank of Iraq decided in January 23 2014 seek a variety of alloys of pure gold ranging weights between [ 50 g and 1000 g] to sell to gold traders, investors and evil H society wishing to do so in Iraqi dinars.
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18-04-2017 01:14 PM
image.php?token=0c487a95a219c5e3307c467c77bd6f54&size=
 


 

 

Iraq maintained a fifth of the Arab world's reserves rank, gold, according to the World Gold Council announced that the world's gold reserves rose to April.

According to statistics published on its website that the world 's gold reserves rose for the month of April by 70 tonnes for the month of last March to reach 33 thousand and 329 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5 tons, followed by Germany with 3.377 tons. 

The Council added that Iraq , which was ranked fifth Arab maintained the 37th place worldwide out of 100 countries listed in the international financial statistics for global reserves of gold during the month of April of this year , 2017. 

The Council noted that Iraq 's gold reserves remained constant as recorded 89.8 tonnes , a representing 7.9 of the rest of the other currencies' adding that ' the purchase of another Iraq gold was in the month of April in 2014 where 15.16 tons bought'. 

The Central Bank of Iraq decided in January 2014 seek assortment 23 of alloys of pure gold ranging weights between 50 g and 1000 g] to sell to gold traders, investors and segments of society wishing to do so in Iraqi dinars.

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Iraq's fifth Arab gold reserves

11348.jpg?watermark=4
 
 

 

World Gold Council announced that the world 's gold reserves rose to April, indicating that Iraq maintained the Arab fifth of the world 'sreserves rank. 

The Council stated in statistics published on its website that the world 's gold reserves rose for the month of April by 70 tonnes for themonth of last March to reach 33 thousand and 329 tons, while the United States ranked first globally in terms of these reserves , which amounted to 8.133.5 tons, followed by Germany with 3.377 tons. 

The Council added that Iraq , which was ranked fifth Arab maintained the 37th place worldwide out of 100 countries listed in theinternational financial statistics for global reserves of gold during the month of April of this year , 2017.  

The Council noted that Iraq 's gold reserves remained constant as recorded 89.8 tonnes , a representing 7.9 of the rest of the other currencies , "noting that" the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought. " 

the Central Bank of Iraq decided in January 23 2014 seek a variety of alloys of pure gold ranging weights between [ 50 g and 1000 g] to sell to gold traders, investors and evil H society wishing to do so in Iraqi dinars.

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  • yota691 changed the title to of Iraq , the world gold reserves of 37 tons B89.8

of Iraq , the world gold reserves of 37 tons B89.8

Iraq, the world gold reserves of 37 tons B89.8

 

 

 3 hours ago

 

Twilight News / Iraq solution in the fifth Arab in the volume of gold reserves. 

According to the World Gold Council, global reserves amounted to gold around 33.33 thousand tons, by the end of the first quarter of 2017 compared to 32.74 thousand tons by the end of the same period in 2016, recording a growth of 32 consecutive quarter, particularly since the second quarter of 2009 , while the average growth of 1.3% in each quarter. 

The data indicated that Lebanon dissolved after Saudi Arabia , the Arab world in terms of volume of gold reserves, which was ranked 18th worldwide by 286.8 tons constitute 0.9% of the world reserves. 

Came in third place Iriba 25 Center globally Algeria to 173.6 tons, and was followed in fourth place among the Arab countries and in the ranking of the 31 world - Libya to 116.6 tons, and then Iraq in the fifth Arab and 37 worldwide by 89.8 tons and Kuwait in the sixth ranking Arab countries and 39 worldwide by 79 tons, followed by Egypt in the Arab world ranking seventh and 41 worldwide by 75.6 tons. 

The United States topped the world in terms of gold reserves to 8133.5 tons , which accounts for about 24.4% of the world 's reserves of gold, followed by Germany with reserves estimated at 3377.9 tons, accounting for about 10.1% of the world 's reserves. 

The third International Monetary Fund to 2814 tons, accounts for about 8.4% of the world 's reserves, and IV replaced Italy with 2451.8 tons, make up about 7.4% of the world reserves.

 

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  • yota691 changed the title to The world's reserves of gold rises in May and the month of Iraq maintains the fifth Arab rank
 
Wednesday 3 May 2017 13:39
 
 
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Alsumaria News / Baghdad 
announced that the World Gold Council , on Wednesday, for the world 's reserves of gold rise in the month of May, noting that Iraq maintained the fifth Arab rank global reserves. 

The Council stated in statistics published on its website and seen Alsumaria News it, that "the world 's gold reserves rose for the month of May by 45 tons for the month of April to reach 33 thousand and 374 tons, while occupied by the United States ranked first globally in terms of these reserves , which amounted to 8.133 5., followed by Germany with 3.377 tons. "

  •  
 
 

He said the Council that "Iraq has maintained its fifth among Arab countries in terms of these reserves , as they came after both Saudi Arabia and Lebanon , Algeria and Libya, " noting that "Iraq has maintained the 37th place worldwide out of 100 countries listed in the international financial statistics for global reserves of gold during the the month of May of the year 2017 ". 

The Council noted that "Iraq 's gold reserves remained constant as recorded 89.8 tonnes, representing 7.9 of the rest of the other currencies , " he said, adding that " the last purchase of Iraq gold was in the month of April in 2014 where 15.16 tons bought." 

The central bank decided in January 2014 seek assortment 23 of alloys of pure gold ranging between weights (50 g and 1000 g) to sell to gold traders, investors and segments of society wishing to do so in Iraqi dinars.
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  • yota691 changed the title to Iraq ahead of the ten Arab countries in gold reserves
 

 

13:45 

05/24/2017

Iraq exports ranked fifth in gold reserves, on Wednesday, according to the latest report released by the World Gold Council, which measures the period until the end of the first quarter of this year.

Iraq and progress on the classification of Kuwait, Egypt, Qatar, Jordan, Syria, Morocco, United Arab Emirates, Tunisia, Bahrain and Yemen.

Saudi Arabia topped the Arab countries the size of reserves to 322.9 tons gold, followed by Lebanon, Algeria, Libya.

The reserves of gold is maintained by the Central Bank as a store of value and guarantee to redeem promises to pay depositors and holders of securities or trading peers, or to secure a currency, used gold reserves almost exclusively-albeit rarely-in the settlement of international transactions.

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Iraq ahead of the ten Arab countries in gold reserves

economy

 Since 05/24/2017 16:47 am (Baghdad time)

12.jpg

Follow-up to the balance of News

Iraq exports ranked fifth in gold reserves, according to the latest report released by the World Gold Council, which measures the period until the end of the first quarter of this year.

Iraq and progress on the classification of Kuwait, Egypt, Qatar, Jordan, Syria, Morocco, United Arab Emirates, Tunisia, Bahrain and Yemen.

Saudi Arabia topped the Arab countries the size of reserves to 322.9 tons gold, followed by Lebanon, Algeria, Libya.

The reserves of gold is maintained by the Central Bank as a store of value and guarantee to redeem promises to pay depositors and holders of securities or trading peers, or to secure a currency, using gold reserves exclusively Tgariba- but N'dr- in the settlement of transactions Atah.anthy / 29 yolk n

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  • yota691 changed the title to World Gold Council: Iraq ended 2019 without buying anything from it

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