Home
Najib: recent central bank measures will not dominate the local currency deterioration
April 29, 2015
BAGHDAD
confirmed member of the Economic Committee MP Najiba Najib, recent central bank measures to open outlets to sell the dollar will not dominate the local currency and rising dollar deterioration against the dinar, indicating that, of the priorities of the Economic Commission agenda of the meeting is to put measures in coordination with the Central Bank to cut The dollar's exchange rate against the Iraqi dinar and reduce the height. She said Najib told the National Iraqi News Agency / NINA / "The Economic Commission will develop measures and proposals in coordination with the Central Bank in order to avoid the collapse of the local currency against the dollar, saying that" recent measures taken by the Bank to open outlets to sell the dollar that will not work to reduce the dollar as a result of a lack of susceptible in market ".wachart to," The committee will go down on the central bank include increased dollar significantly outlets and speed by subtracting cash categories include the category of / 50 / thousand dinars, and the category of / 100 / thousand dinars, and cooperation with the ministry interested in the economic sector to increase its production to increase non-oil exports to attract hard currency from other countries. " And see dollar prices continuing rise in front of the dinar in light of recent measures by the Central Bank to open outlets to sell the dollar, but it would not benefited anything.
The central bank decided last week to double the share of banking companies of the dollar, and allow banks Rafidain and Rasheed and Iraqi Trade to sell the dollar for companies and small importers as a measure to reduce the dollar prices in the Iraqi market after it witnessed a significant and surprising rise.
- See more at: [You must be registered and logged in to see this link.]
April 29, 2015
BAGHDAD
confirmed member of the Economic Committee MP Najiba Najib, recent central bank measures to open outlets to sell the dollar will not dominate the local currency and rising dollar deterioration against the dinar, indicating that, of the priorities of the Economic Commission agenda of the meeting is to put measures in coordination with the Central Bank to cut The dollar's exchange rate against the Iraqi dinar and reduce the height. She said Najib told the National Iraqi News Agency / NINA / "The Economic Commission will develop measures and proposals in coordination with the Central Bank in order to avoid the collapse of the local currency against the dollar, saying that" recent measures taken by the Bank to open outlets to sell the dollar that will not work to reduce the dollar as a result of a lack of susceptible in market ".wachart to," The committee will go down on the central bank include increased dollar significantly outlets and speed by subtracting cash categories include the category of / 50 / thousand dinars, and the category of / 100 / thousand dinars, and cooperation with the ministry interested in the economic sector to increase its production to increase non-oil exports to attract hard currency from other countries. " And see dollar prices continuing rise in front of the dinar in light of recent measures by the Central Bank to open outlets to sell the dollar, but it would not benefited anything.
The central bank decided last week to double the share of banking companies of the dollar, and allow banks Rafidain and Rasheed and Iraqi Trade to sell the dollar for companies and small importers as a measure to reduce the dollar prices in the Iraqi market after it witnessed a significant and surprising rise.
- See more at: [You must be registered and logged in to see this link.]
