Economist: Central Bank adopted a new mechanism to curb the appreciation of the dollar

Economist: Central Bank adopted a new mechanism to curb the appreciation of the dollar


14/06/2015


BAGHDAD - scales News
Confirmed an economist, said on Sunday that the Iraqi Central Bank adopted a new mechanism to curb the surge in dollar prices, with attributed the rise to a lack of dollar selling by the central bank for the banking companies.
The economist said farmer Ahmad al-Lami in a statement to / scales News /: "The dollar this year has seen many variables, especially the rise in prices resulting from a lack of selling by the central bank for corporate banking as well as the volatility of world oil prices and military operations in Iraq The economic and financial crisis and the state of the whole austerity factors led to the rise of the dollar and its impact significantly and negatively on the Iraqi dinar. "
Lami said that "the central bank pursued at the present time a new mechanism to curb the surge in dollar prices, such that all business processes are and dollar exchange relating to the supply and procurement of goods by the central bank and this Masiqll of trading with banking companies mechanism and reduce the phenomenon of money laundering and sale Dollar outside banks".29- 3 / h


[You must be registered and logged in to see this link.]

The economist said farmer Ahmad al-Lami in a statement to / scales News /: "The dollar this year has seen many variables, especially the rise in prices resulting from a lack of selling by the central bank for corporate banking as well as the volatility of world oil prices and military operations in Iraq The economic and financial crisis and the state of the whole austerity factors led to the rise of the dollar and its impact significantly and negatively on the Iraqi dinar. "

thanks tim