* CBI: We will not lend money to the government and understand the need for liquidity
December 5th, 2010 11:55 am · Posted in NEWS
CBI: We will not lend money to the government and understand the need for liquidity
Posted: December 5, 2010 by Justhopin in Iraqi Dinar/Politics
Said Central Bank Governor Sinan al-Shabibi, on Saturday, during the meeting hosted by the Parliament that the Iraqi dinar has become a strong and stable currencies in the region.
A statement of the revolving media to the House of Representatives Shabibi as saying that “the central bank has built foreign reserves dolly to the value of the Iraqi dinar at about fifty billion dollars, after it had been a few billion dollars in previous years,” explaining that “the Iraqi dinar has become the most important currencies strong and stable in the region. “
“The CBI has sought Bmlake national and experience high for the construction of monetary policy in a coherent and rational achieved financial stability in the country,” adding that “the central bank is the only party in Iraq, which is unique in the production of a public good directly to maintain the purchasing power of the Iraqi dinar.”
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