CBI to Cut Interest Rates from 7%
Page 1 of 1
CBI to Cut Interest Rates from 7%
February 3, 2010 · Posted in NEWS
Quote:
IRAQ: Central bank to cut rate The Iraqi Central Bank is likely to lower interest rates from their current seven per cent, but the extent of any cuts will depend on inflation, the bank’s governor said. Sinan al Shibibi also said that he does not expect any major disruption to the country’s economy from an upcoming election in March, seen as a crucial test for Iraq as it tries to pull away from conflict. The central bank brought down interest rates from nine per cent last June in line with a fall in inflation.
http://www.tmcnet.com/usubmit/2010/02/02/4601527.htm
Quote:
IRAQ: Central bank to cut rate The Iraqi Central Bank is likely to lower interest rates from their current seven per cent, but the extent of any cuts will depend on inflation, the bank’s governor said. Sinan al Shibibi also said that he does not expect any major disruption to the country’s economy from an upcoming election in March, seen as a crucial test for Iraq as it tries to pull away from conflict. The central bank brought down interest rates from nine per cent last June in line with a fall in inflation.
http://www.tmcnet.com/usubmit/2010/02/02/4601527.htm
Similar topics
» Treasury Reporting Rates of Exchange
» Rafidain Bank: Interest Rates on Saving Accounts Reduced
» Possible RV/I on May 12 – 14/2010
» On China, Obama Says US Must Address Currency Rates
» SHABIBI: CENTRAL BANK LIKELY TO LOWER INTEREST RATES
» Rafidain Bank: Interest Rates on Saving Accounts Reduced
» Possible RV/I on May 12 – 14/2010
» On China, Obama Says US Must Address Currency Rates
» SHABIBI: CENTRAL BANK LIKELY TO LOWER INTEREST RATES
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|