CBI drop in oil prices did not affect him

Baghdad-scales News - The governor of the bank on the Keywords, Tuesday, that the decline in the dollar resources due to lower oil prices, but what reserves are still enough level, but much higher, according to international criteria and are the standard of the local currency cover the equivalent of foreign currency, and the ability of reserves to cover imports for a period of 6 months.

Keywords and said in a statement received / scales News / copy of "The International Monetary Fund predicted at the beginning of 2015 and the arrival of the reserve of the Central Bank of Iraq to $ 40 billion at the end of the year, the Fund amended its forecast after months and as much as $ 50 billion reserve," pointing that "the central bank is still expected in accordance with the actual data and indicators to be a reserve of up to 60 billion."

And the relationships that "our purchases of the dollar from the Ministry of Finance and the difference with sales of the dollar for the period from the beginning of this year until the end of September amounted to the difference of about $ 600 million a month, and + the central bank to cover this difference to balance the balance of payments and keep the exchange rate and Thus the general level of prices, "pointing out that" the continued decline in oil prices and lower revenues from the dollar, the reserve can hold enough coverage and adequate presence of about $ 60 billion of reserves ".anthy 29 / W 23