Iraqi Central Bank governor wants to lower interest rates Iraqi Central Bank governor wants to lower interest rates
Mon Sep 28, 2009 6:42am GMT Mon Sep 28, 2009 6:42 am GMT
أبو. ABU DHABI (Reuters) - The Iraqi Central Bank Governor Sinan al-Shabibi said on Monday he wants to interest rates are lower than current levels.
." Shabibi said to Reuters on the sidelines of a meeting of the Governors of Arab central banks in Abu Dhabi "We would like to drop interest rates. This is a hope."
. Has been reduced by the CBI official interest rate to seven percent from nine percent in June, with the decline in inflation thanks to falling oil prices from record highs above $ 147 reached last year.
. The official interest rate in Iraq indicative of interest rates in banks rather than a mechanism of direct cash because the banking sector there is limited and Rosal capital markets are undeveloped.
http://translate.googleusercontent.c...B846-4nxu7BXHg
Mon Sep 28, 2009 6:42am GMT Mon Sep 28, 2009 6:42 am GMT
أبو. ABU DHABI (Reuters) - The Iraqi Central Bank Governor Sinan al-Shabibi said on Monday he wants to interest rates are lower than current levels.
." Shabibi said to Reuters on the sidelines of a meeting of the Governors of Arab central banks in Abu Dhabi "We would like to drop interest rates. This is a hope."
. Has been reduced by the CBI official interest rate to seven percent from nine percent in June, with the decline in inflation thanks to falling oil prices from record highs above $ 147 reached last year.
. The official interest rate in Iraq indicative of interest rates in banks rather than a mechanism of direct cash because the banking sector there is limited and Rosal capital markets are undeveloped.
http://translate.googleusercontent.c...B846-4nxu7BXHg