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Representative financial stability the dinar return likely weeks
March 31, 2015
Baghdad/sourcing Centre for the Iraqi media network (IMN)-Parliamentary Finance Committee said that the Governor of the Iraqi Central Bank informed her that the dinar against the States return to normal in the coming weeks.
And record the Iraqi dinar exchange rate against the dollar declined over the past several days and reached 1,270 dinarsAPer dollar, while the Central Bank fixed exchange rate by 1166 per dollar.
The Committee Member said Masood departure for (IMN), "the Governor of the Central Bank of Iraq reported that Iraqi dinar exchange rate due to speculations of traders in the market, especially after the Central Bank's actions, which included full control on the phenomenon of money laundering".
Masood added that "experts and Central Bank Governor assured the Committee that the dinar exchange rate against the dollar would return to normal in the next few weeks."
The Government sought to compensate for falling oil prices on world markets to pump more crude, because it needs more liquidity to finance massive military campaign against the terrorist bands daash.
From: MickEdited by: Laith Mohammed Reza
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March 31, 2015
Baghdad/sourcing Centre for the Iraqi media network (IMN)-Parliamentary Finance Committee said that the Governor of the Iraqi Central Bank informed her that the dinar against the States return to normal in the coming weeks.
And record the Iraqi dinar exchange rate against the dollar declined over the past several days and reached 1,270 dinarsAPer dollar, while the Central Bank fixed exchange rate by 1166 per dollar.
The Committee Member said Masood departure for (IMN), "the Governor of the Central Bank of Iraq reported that Iraqi dinar exchange rate due to speculations of traders in the market, especially after the Central Bank's actions, which included full control on the phenomenon of money laundering".
Masood added that "experts and Central Bank Governor assured the Committee that the dinar exchange rate against the dollar would return to normal in the next few weeks."
The Government sought to compensate for falling oil prices on world markets to pump more crude, because it needs more liquidity to finance massive military campaign against the terrorist bands daash.
From: MickEdited by: Laith Mohammed Reza
[You must be registered and logged in to see this link.]
