The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class


  • Time: 12/02/2022 19:03:53
  • Read: 975 times
The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class

  {Economic: Al Furat News} The Central Bank of Iraq announced, today, Friday, that the cash reserve has increased, exceeding $90 billion.

The Central Bank’s advisor, Ihsan Al-Yasiri, said in a press statement that: “The cash reserve exceeded 160% of the value of the Iraqi dinar,” noting that “the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.”

He explained, “This number is very large and indicates a barrier to the recovery of the economy and a great support for the value of the Iraqi currency.”

He expected, “The 20,000 dinars coin will be offered at the end of next year 2023.”

Al-Yasiri pointed out that “15 trillion dinars were granted as loans for industrial, agricultural, housing and trade projects.”

https://alforatnews.iq/news/%D8%AA%D8%AC%D8%A7%D9%88%D8%B2-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D9%80%C2%A090-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%88%D9%83%D8%B4%D9%81-%D9%85%D9%88%D8%B9%D8%AF-%D8%B7%D8%B1%D8%AD-%D9%81%D8%A6%D8%A9-%D8%A7%D9%84%D9%80-20-%D8%A3%D9%84%D9%81%D8%A7%D9%8B

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