Central Bank confirms the possession of large reserves of hard currency to meet the demand

[rockhound60]

Central Bank confirms the possession of large reserves of hard currency to meet the demand

BAGHDAD / Conference The Central Bank of Iraq's possession of large reserves of hard currency to cope with the phenomenon of demand, indicating that there are internal and external factors behind this phenomenon. The bank said in a statement received by the Agency (news) a copy of it on Sunday: he «has in foreign reserves large, the estimated high in the face of any potential caused by the growing phenomenon of demand for foreign currency on the basis of the means of monetary policy available to control the levels of liquidity and cash flows in order to achieve economic stability desired. The bank said: that the phenomenon of high demand for foreign currency in the window of the Iraqi Central Bank for the sale and purchase of the dollar in the weeks recently, been associated with the increasing public expenditure and its impacts on the behavior of individual demand in the market for foreign currency, which is itself an application locally on goods and services and external benefits. He said the bank: that conditions and the complexities of regional in some countries surrounding Iraq and exposed to the problems in its international economic relations have cast Bdilalha are other currents in the formation of additional non-directly in the demand for foreign currency through the overlapping regional trade and the various ways of funding.

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[jeepguy]

in other words they are like ali and the dinar need lots of it because everyone wants it

[splicer09]

Thanks for the post but it was posted earlier.