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Parliamentary Finance held an emergency meeting Sunday to discuss the rise in the dollar against the dinar
By Mohammed Emad six thirty-five 16.06.2015 |
Brother - Baghdad
Detection of the parliamentary finance committee member Husam punitive for an emergency meeting of the Committee next Sunday to remedy the crisis of rising dollar against the Iraqi dinar.
He said punitive in a statement received for News Agency (et) a copy of it, that "the parliamentary Finance Committee will hold an emergency meeting on Sunday in order to remedy the sudden rise of the dollar against the Iraqi dinar."
He noted that the "rise of the dollar against the dinar is liable to show little growing demand, and the instructions that came by the Governor of the Central Bank of the Tax and Customs, in addition to that there are some traders are working to increase the exchange rate in order to obtain material gains at the expense of needed government and the Iraqi people." .
He explained punitive "The treatment of this crisis lies in the formation of a crisis is reducing the exchange rate cell, as well as working to increase the supply by the central bank, raising the time limit in this exceptional circumstance, and follow up the companies that buy the currency against the statements and receipts are correct."
The local market is witnessing high exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is equal to the percent of $ 140 000 dinars.
The official exchange rate of the Central Bank of Iraq in 1166 dinars per dollar, meaning it is the official price rose about 234 dinars, an increase of 20%.
A government source said that "the government has taken measures to reduce the high price of the dollar, including determination of the cash sales to the Central Bank and doubling Hawwalath with open ports in government banks to sell the dollar for delegates and cases humanity," noting that "there are speculations made by some has created a state of confusion in the market contributed raising the price of the dollar against the Iraqi dinar and deliberately. "
Attribute specialists and economists this increase to the dollar in the domestic market, to a lack of supply of the dollar at an auction sale daily currency Central Bank of Iraq, which identified the quantification of the law of the general budget for 2015 by $ 75 million just after it was open, so called for the increased demand for foreign currency to fulfill banks and business obligations and the need for financial market liquidity.
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By Mohammed Emad six thirty-five 16.06.2015 |
Brother - Baghdad
Detection of the parliamentary finance committee member Husam punitive for an emergency meeting of the Committee next Sunday to remedy the crisis of rising dollar against the Iraqi dinar.
He said punitive in a statement received for News Agency (et) a copy of it, that "the parliamentary Finance Committee will hold an emergency meeting on Sunday in order to remedy the sudden rise of the dollar against the Iraqi dinar."
He noted that the "rise of the dollar against the dinar is liable to show little growing demand, and the instructions that came by the Governor of the Central Bank of the Tax and Customs, in addition to that there are some traders are working to increase the exchange rate in order to obtain material gains at the expense of needed government and the Iraqi people." .
He explained punitive "The treatment of this crisis lies in the formation of a crisis is reducing the exchange rate cell, as well as working to increase the supply by the central bank, raising the time limit in this exceptional circumstance, and follow up the companies that buy the currency against the statements and receipts are correct."
The local market is witnessing high exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is equal to the percent of $ 140 000 dinars.
The official exchange rate of the Central Bank of Iraq in 1166 dinars per dollar, meaning it is the official price rose about 234 dinars, an increase of 20%.
A government source said that "the government has taken measures to reduce the high price of the dollar, including determination of the cash sales to the Central Bank and doubling Hawwalath with open ports in government banks to sell the dollar for delegates and cases humanity," noting that "there are speculations made by some has created a state of confusion in the market contributed raising the price of the dollar against the Iraqi dinar and deliberately. "
Attribute specialists and economists this increase to the dollar in the domestic market, to a lack of supply of the dollar at an auction sale daily currency Central Bank of Iraq, which identified the quantification of the law of the general budget for 2015 by $ 75 million just after it was open, so called for the increased demand for foreign currency to fulfill banks and business obligations and the need for financial market liquidity.
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