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Economist: rising dollar is a throwback cash market reaction
March 10, 2015, 12:39
BAGHDAD - ((eighth day)) Confirmed economist Majid picture, on Tuesday, that the high dollar prices in Iraq has nothing to do with the withdrawal of cash from the Iraqi market. He said that the picture of "high dollar is a throwback cash market reaction to certain actions taken by the central bank, after that compelled him several budget controls," he said, adding that "this increase has nothing to withdraw cash from the Iraqi market." He added that "the dollar is rising financial speculation, and the measures taken by the Central Bank, which will lead to the reduction of these speculations." The Central Bank of Iraq, announced the sales price of foreign currency, on Tuesday, against the Iraqi dinar, which saw the US dollar price of a small decline in sales in front of the Iraqi dinar, registering a drop 7 cents against the dinar. | ST |
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March 10, 2015, 12:39
BAGHDAD - ((eighth day)) Confirmed economist Majid picture, on Tuesday, that the high dollar prices in Iraq has nothing to do with the withdrawal of cash from the Iraqi market. He said that the picture of "high dollar is a throwback cash market reaction to certain actions taken by the central bank, after that compelled him several budget controls," he said, adding that "this increase has nothing to withdraw cash from the Iraqi market." He added that "the dollar is rising financial speculation, and the measures taken by the Central Bank, which will lead to the reduction of these speculations." The Central Bank of Iraq, announced the sales price of foreign currency, on Tuesday, against the Iraqi dinar, which saw the US dollar price of a small decline in sales in front of the Iraqi dinar, registering a drop 7 cents against the dinar. | ST |
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