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Parliamentary Finance Committee confirmed on Thursday that the issuance of new categories of the local currency could reduce the dollar exchange rate against the dinar.
The Commission decision of Hama Rashid Ahmed for "Qurtas News" that "the rise in the dollar exchange rate during the past few days were a lot of reasons, including reducing the central bank sales of the dollar, as well as increased demand for the dollar by the citizens."
He said Rashid said "the Iraqi Central Bank intends process of issuing new paper from the category of 50 thousand dinars and 100 thousand dinars, where it is possible to cut these two currencies from the dollar exchange rate against the dinar because of the ease of carrying that currency and stored Vdilan Shodlh circulation and this not to grudge a series of measures designed to come revive the domestic market. "
Rashid and hinted that "the Finance Committee Tracbotnaakec with the central bank management mechanism print those currencies and how they are out and timing for the launch."
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The Commission decision of Hama Rashid Ahmed for "Qurtas News" that "the rise in the dollar exchange rate during the past few days were a lot of reasons, including reducing the central bank sales of the dollar, as well as increased demand for the dollar by the citizens."
He said Rashid said "the Iraqi Central Bank intends process of issuing new paper from the category of 50 thousand dinars and 100 thousand dinars, where it is possible to cut these two currencies from the dollar exchange rate against the dinar because of the ease of carrying that currency and stored Vdilan Shodlh circulation and this not to grudge a series of measures designed to come revive the domestic market. "
Rashid and hinted that "the Finance Committee Tracbotnaakec with the central bank management mechanism print those currencies and how they are out and timing for the launch."
[You must be registered and logged in to see this link.]
