Earlier today the Central Bank came out. Alaq says they have those 3 packages they launched to create an environment that stabilized the dollar exchange rate…he says the amount of reserves they’ve acquired from the oil sales is astonishing…about $115 billion…He’s basically stating those central bank reserves are within International standards. That’s a big thing…having a massive foreign reserves, plus the gold, it supports the value fo the currency and it brings on stability…
