Central bank: able to cover Iraq's international obligations

Banks

Economy News / Baghdad ...


The Central Bank of Iraq, Sunday, for his ability to cover Iraq's international obligations as well as foreign trade financing, as the emphasized that the country's reserves of foreign currency within the "international standards."

The governor of the central bank on the Keywords in a press conference attended by "Economy News" that "the bank is able to cover Iraq's international obligations and financing of foreign trade," stressing that "Iraq's reserve currency within the standards, and that the bank also covers the local currency by a large margin."


Keywords and added that "Iraq's debt ratio is acceptable compared to GDP, but should not exceed it."


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