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Tag: Muhammad Saleh

Iraq Must Learn from Financial Crisis : Abadi

Iraq Must Learn from Financial Crisis : Abadi

On Tuesday, Muhammad Saleh issued a press statement that the Iraqi government is looking to transform the investment of oil funds in order to develop many types of manufacturing, agricultural and service sectors. He also indicated that the Iraqi financial crisis reflected a message to take interest in the improvement of Iraqi economy and to transform income sources. He also pointed out that managing the economy would take a considerable amount of time at this stage when we are fighting…

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Permanent Governor Should Be Appointed in Iraqi Central Bank: Muhammad Saleh

Permanent Governor Should Be Appointed in Iraqi Central Bank: Muhammad Saleh

The Economic Adviser to the Iraqi Prime Minister Muhammad Saleh issued a statement in an interview that there is a must need to appoint a permanent Governor of Iraqi Central Bank. He stressed that the Bank needs a perfect economic and financial maker. He also pointed out that international community continuously discussing regarding this important issue. He further said that not any party or acting person has the authority to attack on Iraqi Central Bank’s independence and adopting supplement policies…

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New Cash Categories to Cause Inflation: Experts

New Cash Categories to Cause Inflation: Experts

The economic adviser to the Iraqi Prime Minister Muhammad Saleh issued a statement that we need to print new Iraqi dinar currency of large amount categories of 50,000 and 10,000 Iraqi dinars, because we wish to accommodate high amount money supply, which would cover the Iraqi markets. Muhammad Saleh further added that large amount of currencies covers 90 percent of the traded currency in the market and this project will help in decreasing the weight or quantity to four billion…

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CBI Would Sell Only Small Quantities Due to High Dollar Returns

CBI Would Sell Only Small Quantities Due to High Dollar Returns

The Economic Adviser to the Iraqi Prime Minister, Muhammad Saleh issued a statement that the rising price in the U.S dollar exchange rate in the Iraqi local market is due to restrictions defined in the Iraqi budget law 2015, which restricts the Iraqi Central Bank not to exceed the mentioned limit of 75 million dollars per day. He said that the Iraqi Central Bank sold U.S dollars and a considerable amount of hard currency to meet the demand of the…

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New Gold Reserves Expected to Cast a Good Impact on Iraq’s Currency

New Gold Reserves Expected to Cast a Good Impact on Iraq’s Currency

Iraqi Dinar 123 News:– Muhammad Saleh, the economic adviser to the Prime Minister said that the central bank of Iraq bought 36 tons of pure gold recently. He also added that this is a handsome strength of the gold reserves for Iraq and it would be a much better sign in the way of strengthen the Iraqi dinar currency, it will also control the risk ratio in the Iraqi economy. Iraqi gold reserves will provide much better confidence in improving…

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