CBI: Our reserves are safe in banks abroad.

[WheresmyRV?]

Showed Iraqi Central Bank Governor Abdul-Basit Turki regretted that the Iraqi monetary policy to deal with the exceptional circumstance present that Iraq is going through, stressing that the CBI has the ability to support the exchange rate of the dinar to the fullest extent and without a roof,and that the reserves of the Central Aalaraca "safe" with banks outside Iraq.

This pointed out that the Turkish foreign exchange reserves exceeded the 70 billion dollars now, and that gold reserves doubled three times during the current year.

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D2810735&usg=ALkJrhiJYJrf19S9cBa3QSdDcnimEP0WkA

[SocalDinar]

Probably should say safer. Most of the reserves are held by the Fed in New York

"Without a roof " is most likely a translation issue

Thanks

[captl1]

Interesting!  So much for those that feel negative.

[MyLadiesDaddy]

Second time the central bank has clarified this.

[sandfly]

THANKS

[ckriebs]

Thanks

[SnowGlobe7]

maybe all the ISIS stole was  the counterfit money

That would be funny Karma

[easyrider]

maybe all the ISIS stole was  the counterfit money

That would be funny Karma

the bank of Mosul has NO liquidity so how could they have stolen cash? hahah this is how i know its bogus everything is electronical

[SnowGlobe7]

i like that "electronical"..I am going to use that

[calkid11]

Thank you

[zul]

the bank of Mosul has NO liquidity so how could they have stolen cash? hahah this is how i know its bogus everything is electronical

 

So true...

There have been earlier reports on the lack of liquidity, due to the failure to approve the general budget for 2014 ~ almost causing state of recession,

Why would they (Central Bank Mosul) be having so much money in the bank.....?

[Nadita]

So true...

There have been earlier reports on the lack of liquidity, due to the failure to approve the general budget for 2014 ~ almost causing state of recession,

Why would they (Central Bank Mosul) be having so much money in the bank.....?

Zul,

 

Because they have color copier..

[zul]

Zul,

 

Because they have color copier..

 

that explains it...

 

Edited June 17, 2014 by zul

[EagleEye]

Zul,

 

Because they have color copier..

too funny...and like as not to be true

[DinarThug]

CNN. Broadcasting From A Metal High Wire With A Safety Net -

 

But Just In Case I've Got Magnets On The Bottom Of My Clown Shoes !

 

 

 

 

CBI: Our reserves are "safe" and go beyond 70 billion dollars
June 18, 2014 14:44 Last Updated: June 18, 2014 14:44 Source: Live



The governor of the Iraqi Central Bank today, Abdel Basset Turki said the bank has the ability to support the exchange rate of the dinar to the fullest extent and without a roof, and that the reserves of the central Iraqi "safe" with banks outside of Iraq. expressed Turkish regretted that the Iraqi monetary policy to deal with the exceptional circumstance present that Iraq is going through, and pointed out that the foreign exchange reserves exceeded the 70 billion dollars now, and that gold reserves doubled three times during the current year in accordance with the policies included in the CNBC Arabiya.

http://www.mubasher.info/ISX/news/2559976/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A%D8%A7%D8%AA%D9%86%D8%A7-%D8%A2%D9%85%D9%86%D8%A9-%D9%88%D8%AA%D8%AA%D8%AE%D8%B7%D9%89-70-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1#.U6GEjvldXT8

[WheresmyRV?]

This is the same article from yesterday with todays date. Sounds like the CBI is bragging about their reserves.