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Record high of the Iraqi dinar against the dollar
Since 05/03/2015
Baghdad scales News
Iraqi currency market volatile returns of the benchmark high for the value of the US dollar, with the central bank policies aimed to reduce the sale of the dollar in the public auction, and speculation in the dinar witnessed recently.
"The dollar exchange rate against the Iraqi dinar has also seen a sudden rise is the highest of its kind in two years than a thousand and two hundred dinars to about three hundred thousand dinars, the exchange rate to cast a negative shadow on the new Iraqi market transactions."
He was behind "this rise for many reasons, including the current year's budget law which reduced the dollar selling by the Central Bank of Iraq, the last and the development of new mechanisms for sale through the auction, and also for asylum speculators in the Iraqi currency market to raise prices as well as the security and political unrest in the country ".
Financial experts said that "the rise of the dollar the country has experienced in recent times just a bubble caused by the return of speculation, as they expect to recover the dinar recovered in the near-term rise in oil prices globally," .anthy 29 / d 25
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Since 05/03/2015
Baghdad scales News
Iraqi currency market volatile returns of the benchmark high for the value of the US dollar, with the central bank policies aimed to reduce the sale of the dollar in the public auction, and speculation in the dinar witnessed recently.
"The dollar exchange rate against the Iraqi dinar has also seen a sudden rise is the highest of its kind in two years than a thousand and two hundred dinars to about three hundred thousand dinars, the exchange rate to cast a negative shadow on the new Iraqi market transactions."
He was behind "this rise for many reasons, including the current year's budget law which reduced the dollar selling by the Central Bank of Iraq, the last and the development of new mechanisms for sale through the auction, and also for asylum speculators in the Iraqi currency market to raise prices as well as the security and political unrest in the country ".
Financial experts said that "the rise of the dollar the country has experienced in recent times just a bubble caused by the return of speculation, as they expect to recover the dinar recovered in the near-term rise in oil prices globally," .anthy 29 / d 25
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