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Panhead

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Re: sparkplug post# 24546

Saturday, 04/24/2010 7:57:21 PM

Saturday, April 24, 2010 7:57:21 PM

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http://en.aswataliraq.inf/?p=127953


No plans to make ID1000 = $1 – CBI

March 3, 2010 - 05:01:06

BAGHDAD / Aswat al-Iraq: There are no plans to make the exchange rate of ID1,000 equal to $1, Central Bank of Iraq (CBI) said on Wednesday.

“Iraq’s currency policies are far from such decisions,” the CBI said in a release received by Aswat al-Iraq news agency.

The CBI said that the current exchange rate, ID1,170 = $1, is balanced, stable, and can be preserved through Iraq’s foreign currency reservoir of $43 billion.

MH (P)/SR

http://en.aswataliraq.info/?p=127953
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