
Central Bank: The value of the Iraqi dinar has become equivalent to one and a half dinars, with our reserves exceeding 90 billion dollars
Central Bank: The value of the Iraqi dinar has become equivalent to one and a half dinars, with our reserves exceeding 90 billion dollars
link to see this article in full and more go to: My FX Buddies Blog
The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding 90 billion dollars, it expected the introduction of the 20 thousand currency at the end of next year, stressing at the same time the granting of 15 trillion dinars as loans for projects in four domains.
The…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.