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The appearance of Mohammed's Zora: rising dollar exchange rate against the dinar because of the temporary market speculation
19/12/2014
Zora / Duraid Salman:
The president of the Minister for Economic Affairs Adviser appearance of Mohammed Saleh, on Friday, that the rise of the dollar exchange rate against the dinar during the past two days, a temporary phenomenon, attributing the cause to market speculation, as he emphasized that the central bank has a great ability to get things back to normal within a few hours, especially since the dollar amount shown superiority Altalb.oukal Saleh told (Zora), yesterday: The rise of the dollar exchange rate against the dinar during the past two days the phenomenon of temporary and caused by market speculation, pointing out that the dollar is displayed in many market, offset by the economic recession and deflation For Because of the deterioration of economic activity and the war with terrorism, as well as the deterioration of oil prices. Saleh added: that the central bank auction sells daily large amounts ranging between 150-200 million dollars, which means that the dollar will display more demand for it, so the rise in the dollar's exchange rate against the dinar, is a speculation and temporary market, will end as soon as the influential . He stressed: that the central bank is able to deal with this phenomenon as the body responsible for formulating and implementing monetary policy and control, and if it was found to cause an imbalance in the economic system will intervene and bring the matter to redress within a few hours, and he has this capability. Saleh noted that the available width of the dollar enough to keep the dinar of deterioration within a day or two, but the speculators Atakazhon anything to make profits, stressing that what is said of the reasons of rising exchange rate is the truth, rumors are incorrect.
He also called for the central bank to manage the need to clarify procedures and confirm its strength and its ability to maintain currency stability. It is noteworthy that the dollar exchange rate against the dinar has witnessed during the past two days increased significantly, with skip Al122 thousand dinars per $ 100, amid warnings from the owners of banking offices from a height of more, as some of those offices have decided to sell the currency is limited to citizens, Aazin reason to increase complications central bank action to sell the dollar.
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19/12/2014
Zora / Duraid Salman:
The president of the Minister for Economic Affairs Adviser appearance of Mohammed Saleh, on Friday, that the rise of the dollar exchange rate against the dinar during the past two days, a temporary phenomenon, attributing the cause to market speculation, as he emphasized that the central bank has a great ability to get things back to normal within a few hours, especially since the dollar amount shown superiority Altalb.oukal Saleh told (Zora), yesterday: The rise of the dollar exchange rate against the dinar during the past two days the phenomenon of temporary and caused by market speculation, pointing out that the dollar is displayed in many market, offset by the economic recession and deflation For Because of the deterioration of economic activity and the war with terrorism, as well as the deterioration of oil prices. Saleh added: that the central bank auction sells daily large amounts ranging between 150-200 million dollars, which means that the dollar will display more demand for it, so the rise in the dollar's exchange rate against the dinar, is a speculation and temporary market, will end as soon as the influential . He stressed: that the central bank is able to deal with this phenomenon as the body responsible for formulating and implementing monetary policy and control, and if it was found to cause an imbalance in the economic system will intervene and bring the matter to redress within a few hours, and he has this capability. Saleh noted that the available width of the dollar enough to keep the dinar of deterioration within a day or two, but the speculators Atakazhon anything to make profits, stressing that what is said of the reasons of rising exchange rate is the truth, rumors are incorrect.
He also called for the central bank to manage the need to clarify procedures and confirm its strength and its ability to maintain currency stability. It is noteworthy that the dollar exchange rate against the dinar has witnessed during the past two days increased significantly, with skip Al122 thousand dinars per $ 100, amid warnings from the owners of banking offices from a height of more, as some of those offices have decided to sell the currency is limited to citizens, Aazin reason to increase complications central bank action to sell the dollar.
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