Saturday, April 14, 2012

Central Bank denies the low reserves of foreign currency

14/04/2012

Central Bank denies the low reserves of foreign currency


Justify Full
BAGHDAD / JD / .. denied the Iraqi Central Bank to inform the decline in reserves of foreign currency in recent times, stressing that these precautions have escalated. He said the Iraqi Central Bank in a statement late on Friday, I got the agency (JD) a copy of it ": that some of the journalist community deliberated analyzes marred by a lot of palaces, which indicated that the reserves of the Iraqi Central Bank foreign currency has fallen in recent months, a few billion of dollars. and the central bank said that these numbers or other is the result of sales of the ordinary from the dollar to its customers of Iraqis and through the daily operations of an auction of foreign currency in the past months or years, knowing that the bank's reserves of foreign currency has not declined but increased during the last period. pointed central to The direct intervention of neighboring countries in this auction is baseless and unfounded, although the regional impacts of current left indirect effects on the movements of foreign exchange in the domestic money market. The Finance Committee of the House of Representatives has warned of the danger of the continuing decline in exchange rate the dinar against the U.S. dollar, which arrived during the last few days of 1300 dinars to the dollar, for the first time in nearly four years. the other hand, reduced the bank adviser appearance of Mohammed Saleh, the risk of devaluation of the Iraqi dinar against the dollar, and said it bubbles forming will disappear gradually. It is noteworthy : The Cabinet had formed a committee to study the fluctuation of the Iraqi dinar exchange rate in recent times, to provide appropriate solutions and to prevent harm to the national economy. / Finished / 22 /

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