Central: The dollar fell a natural reserve and we have enough to import a long time
13:22 Long-Presse / Baghdad
Counting the Iraqi Central Bank on Tuesday reduced its reserves from the dollar , "a natural phenomenon" due to lower selling prices , and stressed that this decrease was "vain" and achieved "very important" economic purposes , social, and as pointed out that the current reserves "*are sufficient to cover currency exporting and imports for a long time , "pointed out that to avoid falling is by avoiding the deficit in the public budget* .
The governor of the central bank on the Keywords in an interview (range Press), "The decline in central bank reserves is a natural because of the fall in oil prices worldwide phenomenon , what impact directly on Iraq's financial revenues ," returned to "the bank's policies were wise and were based on a balance required between maintaining the desired stability in the exchange rate of the hand , and meet the needs of imports by the private sector on the other. "
He Keywords that "the decline of these reserves did not go in vain and it has achieved a very important economic purposes , social, and not, as some believe that he went without a little help," adding that "the reserves are still good enough to cover the exporting currency and imports for a period of six months exceeds a limit the minimum required , according to the global financial indicators . "
Keywords and continued, that " to avoid low reserve is by avoiding the public budget deficit and large amounts."
The governor of the central bank on the Keywords confirmed, in the (11 September 2016), the International Monetary Fund's "surprised" that Iraq's reserves of foreign currency exceeded expectations by about ten billion dollars . https://www.almadapress.com/ar/news/77560/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%B7%D8%A8%D9%8A%D8%B9%D9%8A