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Experts money: Central lifting the dollar to cope with financial crisis
2015-04-26
Baghdad tomorrow
Carry a number of experts and specialists in the financial and economic affairs, the central bank responsible for the local currency deterioration and raising the US dollar exchange rate, under the pretext of containing the financial crisis afflicting the country, while warning of rising inflation rates in the local market as a result of the continuing decline in the dinar exchange rate against Atar.oicol Member of the Committee of Economy and Investment parliamentary Majid Chenkali, that "the recent central bank measures for the sale of the dollar at auction helped lift the dollar against the dinar, where he cut his sales under the pretext of containing the financial crisis experienced by the country, in addition to the existence of mafia operating within the Central trying to harm in national currency for their personal interest. "He added that Chenkali" the central bank must take supportive measures of the Iraqi dinar and the fight against those who tamper with the security of the national economy, because the interest of the country above all else. " He called Chenkali, the government speed up the development of the banking and industrial sector especially what we observe these days a large rise in the dollar against the Iraqi dinar ", calling for" legislation Investment Act helps to bring international companies to Iraq for the development of infrastructure ".fima parliamentary finance committee attributed, the cause of low dinar exchange rate against the dollar to decline in fiscal revenue belonging to the state from oil sales, indicating that the oil was sold at more than $ 100 a barrel and today its price arrived at under $ 50. This means that revenue fell by 50%, affecting the national currency exchange rate. "
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2015-04-26
Baghdad tomorrow
Carry a number of experts and specialists in the financial and economic affairs, the central bank responsible for the local currency deterioration and raising the US dollar exchange rate, under the pretext of containing the financial crisis afflicting the country, while warning of rising inflation rates in the local market as a result of the continuing decline in the dinar exchange rate against Atar.oicol Member of the Committee of Economy and Investment parliamentary Majid Chenkali, that "the recent central bank measures for the sale of the dollar at auction helped lift the dollar against the dinar, where he cut his sales under the pretext of containing the financial crisis experienced by the country, in addition to the existence of mafia operating within the Central trying to harm in national currency for their personal interest. "He added that Chenkali" the central bank must take supportive measures of the Iraqi dinar and the fight against those who tamper with the security of the national economy, because the interest of the country above all else. " He called Chenkali, the government speed up the development of the banking and industrial sector especially what we observe these days a large rise in the dollar against the Iraqi dinar ", calling for" legislation Investment Act helps to bring international companies to Iraq for the development of infrastructure ".fima parliamentary finance committee attributed, the cause of low dinar exchange rate against the dollar to decline in fiscal revenue belonging to the state from oil sales, indicating that the oil was sold at more than $ 100 a barrel and today its price arrived at under $ 50. This means that revenue fell by 50%, affecting the national currency exchange rate. "
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