Article from Holly1 in the chat room
Parliamentary Finance: low central bank reserves will not affect the economy

Information / BAGHDAD / ..

Reduce the parliamentary finance committee member Masood Haider Saturday, a decrease of the importance of the central bank's foreign exchange reserves.

A member of the committee MP Masood Haider told / information / "The wrong policies were behind the Iraqi Central Bank reserves decrease of hard currency."

He added that "the reserves drop to $ 60 billion after the $ 68 billion economy or strength does not threaten as stocks for the long term not for trading real-time within the financial system," noting that "there is a reservation to some central bank action relating to sales of the currency market."

Haider pointed out that "there are ongoing discussions and dialogues in this regard and we are working very seriously to find ways to maintain the exchange rate without the depletion of hard currency." Finished / 25 p