Masoudi calls for the central bank diversification in pumping foreign currency

Masoudi calls for the central bank diversification in pumping foreign currency


6/16/15

Information / Baghdad / ..
MP from the bloc Mohammed Ali al-Masoudi, Tuesday, the central bank demanded diversification in foreign currencies pump to the domestic market to reduce the monopoly of the dollar with traders and owners of banking offices.
He said al-Masoudi in a statement received by the agency / information / copy of it, "on the central bank to do a quick action to stop the Iraqi currency deterioration against the dollar, which make way for banks to enter the market sell the currency and re-14 Bank were withheld from access to the market in addition to the payment of private sector to contribute to the circulation of various types of foreign currency and reduce dependence on the dollar. "
He added that "there are hidden attempts to destroy the local economy and the marginalization and the destruction of the middle class, which is the basis for the buying and selling movement in Masoudi local market threatened to who is behind this economic political game, which is a new war against Iraq by force and account difficult."
And the US dollar rose to 140 000 dinars, which led to higher food prices and luxury in all the provinces.



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He said al-Masoudi in a statement received by the agency / information / copy of it, "on the central bank to do a quick action to stop the Iraqi currency deterioration against the dollar, which make way for banks to enter the market sell the currency and re-14 Bank were withheld from access to the market in addition to the payment of private sector to contribute to the circulation of various types of foreign currency and reduce dependence on the dollar.