Parliamentary economy: central bank issuing demands accurate data on the size of the monetary reserves and whereabouts

16-06-2013

Baghdad (news) .. Ruled out the decision of the Commission on the economy and investment MP / coalition of Kurdish blocs / Khalil Mahma, size exceeds the monetary reserves of the Central Bank (80) billion dollars over the next month of July, stressing that he will give strength to economy and يجنبه of any global economic risks.

Khalil said (of the Agency news): The sovereign balance of foreign currency at the Central Bank amounted to more than 73 billion dollars before six months from now, and exists in various countries around the world in the form of portfolio investment in the form of investments.

He added: that the central bank demands to issue monthly data are correct and ultra-precision about the size of the Central Reserve and its forecast for the amount exceeds more than 80 billion dollars during the month of July next, find out whereabouts in the world's banks.

And: that increasing the balance of the sovereign foreign currency will give the strength and durability of the Iraqi dinar and يجنبه state economic risks in the country, pointing out that in the event of reaching the size of the reserve to more than 80 billion dollars, it means that every dinar both inside and outside the country covered b (2.5), because the size of the money supply of the national currency of 33 trillion Iraqi dinars.

The governor of the Central Bank of Abdel Basset Turki stressed that the Bank's reserves of hard currency will exceed the $ 80 billion during the month of July. / End / 8.'s. M /

Link