Economic specialist: Determine the dollar selling in the local market behind the persistence of high oil prices
04/05/2015
BAGHDAD / Source News / .. attributed competent in economic affairs Maitham coffee, Monday, continued high price of the dollar against the Iraqi dinar for the continuation of the government's decision and determine validity of Parliament to sell it.
The coffee in a press statement I followed Agency / Source News /, that "the dollar price rises due to the continuing resolution the government and parliament determine validity sell it, despite the fact that the central bank exceeded this decision, but he does not sell openly as before."
"The pessimistic expectations are another important reason to speculate it, because there is a cash preference dollarised instead of continuing to accept the dinar as a store of value, which led to the continuation of its high price."
He noted that "Other decisions, such as the imposition of a tax on every dollar is being converted to the outside, through the banking system also contributed to the price hikes and the continued rise in the dollar exchange rate."
Experiencing banking offices and its rise is a precondition price of the dollar against the dinar despite recent central bank action now to continue to rise is still valid. / Q ended
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04/05/2015
BAGHDAD / Source News / .. attributed competent in economic affairs Maitham coffee, Monday, continued high price of the dollar against the Iraqi dinar for the continuation of the government's decision and determine validity of Parliament to sell it.
The coffee in a press statement I followed Agency / Source News /, that "the dollar price rises due to the continuing resolution the government and parliament determine validity sell it, despite the fact that the central bank exceeded this decision, but he does not sell openly as before."
"The pessimistic expectations are another important reason to speculate it, because there is a cash preference dollarised instead of continuing to accept the dinar as a store of value, which led to the continuation of its high price."
He noted that "Other decisions, such as the imposition of a tax on every dollar is being converted to the outside, through the banking system also contributed to the price hikes and the continued rise in the dollar exchange rate."
Experiencing banking offices and its rise is a precondition price of the dollar against the dinar despite recent central bank action now to continue to rise is still valid. / Q ended
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