Latest topics
» A Complete Introduction to Psychedelics ~ Full Featurette
Today at 12:12 pm by PurpleSkyz

» The REAL "Truth" About Antarctica?
Today at 12:10 pm by PurpleSkyz

» The London Stone ~ Relic From A Lost City?
Today at 12:08 pm by PurpleSkyz

» Giza's Basalt Floor ~ Proof Of High-Technology?
Today at 12:05 pm by PurpleSkyz

» Saturn Set for Amazing Close Encounter with Earth
Today at 11:15 am by PurpleSkyz

» CROP CIRCLE 2018 - Hackpen Hill (2). Nr Broad Hinton, Wiltshire. Reported 23rd June
Today at 11:12 am by PurpleSkyz

» Jerzy Babkowski (AKA ZAP) Scheduled Posts For Next Week
Today at 11:05 am by 4-truth

» In A Mud Hut
Today at 9:43 am by PurpleSkyz

» NIBIRU News ~ THE SPRAYING WILL NOT HIDE PLANET X plus MORE
Today at 9:37 am by PurpleSkyz

» UFO News ~ UFO Lights Caught On Live Mt. Sakurajima Cam plus MORE
Today at 9:32 am by PurpleSkyz

» ALICE X IN CERN MYSTERY SCHOOL WONDERLAND! DARK JOURNALIST X SERIES PART XV
Today at 7:51 am by PurpleSkyz

» Max Igan - I Will Not Comply
Today at 7:42 am by PurpleSkyz

» Base found on moon Triton, orbiting Neptune
Today at 7:39 am by PurpleSkyz

» A mag M 6.1 rocks Port-Vila, Vanuatu
Today at 7:35 am by PurpleSkyz

» Mt Shinmoe volcano Japan explodes
Today at 7:34 am by PurpleSkyz

» Lest We Forget ~ YOU HAVE BEEN CAUGHT WITH YOUR TROUSERS DOWN JERZY
Yesterday at 9:15 pm by 4-truth

» James Gilliland June 16, 2018 Guest, Mary Rodwell
Yesterday at 6:23 pm by PurpleSkyz

» The Messias Machine Uses Centrifugal Forces & Gravity’s Natural Uphill Flow to Harness Free-Energy
Yesterday at 4:42 pm by PurpleSkyz

» This is the Patent for a Human Teleportation Machine
Yesterday at 4:40 pm by PurpleSkyz

» For the Q Squad... I know you are out there LOL
Yesterday at 4:14 pm by PurpleSkyz


You are not connected. Please login or register

Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » Iraqi dinar would soon return to what it was prior to 1980 due to global demand: Banking and Finance Ministry Head

Iraqi dinar would soon return to what it was prior to 1980 due to global demand: Banking and Finance Ministry Head

Go down  Message [Page 1 of 1]

ymoilman2


Iraqi dinar would soon return to what it was prior to 1980 due to global demand: Banking and Finance Ministry Head

Posted: February 3, 2013 in Iraqi Dinar/Politics

Official: declining reserves of the Central Bank of gold does not affect the rate of the dinar
02/02/2013 11:45:00


The head of the Department of Banking and Finance Ministry Hilal Taan diminishing quantities of central bank reserves of gold does not affect the price of the local currency.
He said in a statement to the National Iraqi News / Nina / today: “The basket cash reserve covering currencies do not include the gold only, but depend on the dollar and the pound sterling and the euro, in addition to gold bullion.”
He said: “The Iraqi dinar has been a week before the beginning of the deal by one of the sites of the U.S. because of the high currency reserves to more than $ 67 billion is evidence that the Iraqi currency backed by a strong balance can not be influenced by declining gold bullion.”
He pointed out that “the dinar traded in global financial directory sites on the recovery of the currency and that there is a future for the Iraqi dinar and would soon return to what it was before 1980 because of the global demand in the global financial markets.”
The Iraqi Central Bank denied reports by the media about the low reserves of gold, stressing that it saw stable over the past several months.
He said in a statement yesterday he was “no truth to the news reported by some media on the low bank reserves of gold,” stressing that the reserves now total 29.790 tons.
The International Monetary Fund (IMF) revealed in a report last week, said Iraq cut its gold reserves by a quarter to reach 29.9 tonnes in November 2012, pointing out that the reserves in September andOctober of last year reached 39.4 tons.
http://bit.ly/WnI3eh

http://thecurrencynewshound.com/2013/02/03/iraqi-dinar-would-soon-return-to-what-it-was-prior-to-1980-due-to-global-demand-banking-and-finance-ministry-head/

Posted by John MacHaffie at 3:35 PM

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum