CBI announced foreign exchange reserves rise to 63 billion dollars

05/28/2012

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CBI announced foreign exchange reserves rise to 63 billion dollars
CBI announced foreign exchange reserves rise to 63 billion dollars
Sunday 27 May 2012
Deputy Central Bank Governor Mohammad Saleh appearance

The Iraqi Central Bank, announced Sunday, rising foreign exchange reserves to $ 63 billion, saying it was the largest in the history of Iraq, said those reserves a few in a country still lacks economic diversification.

He said the Bank’s Deputy Governor Mohammad Saleh appearance in an

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What does the CBI of Iraq do?

12/21/2011

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What does the CBI do anyway?

This comes from an article I found on www.CurrencyNewshound.com
Enjoy,
Blanche
“The Central Bank continues to organize the purchasing power of the country and support the value of the dinar against the U.S. dollar and that the addition of any new currency are not taken until after the House of Representatives to approve the draft restructuring of the currency and delete zeros from them.”

The main functions of the central bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.

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