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The Iraqi dinar against the dollar continues to deteriorate and causes split between the central and speculative companies
Baghdad / My Day
at a time when the central bank decided to consider on Saturday, an official work to meet the banking needs of the coin, described the media center of the economic surge in the US dollar exchange rate as artificially to several factors, most notably, a major mafias dominate the Iraqi market and corporate speculation while He confirmed the decision of the House of Representatives that Almstsbouapn height of the dollar exchange rate of not less degree dangerous the for organizing / Daash / terrorist network in Iraq, price, and decided the Iraqi Central Bank, on Tuesday, considered on Saturday formally durable, and attributed the reason to meet the banking needs of the currency, as pointed out to reduce the period Private deposit amounts from ten days to five. The bank said in a statement that "the Central Bank's management decided to consider on Saturday in accordance with a regular, in response to the need for banks requests from currency starting from June 20 current" The statement added that "the bank also decided to reduce the filing period for amounts for feeding the external accounts of banks from ten days to five From the first of the next month of July, "the Finance Committee in the Iraqi Council of Representatives .ccant, promised on Monday that many of the question marks are raised on the outcome of the Iraqi Central Bank action to stop the deterioration of the value of the dinar against the dollar, while the economic and investment commission parliamentary felt that many solution of the economic crisis lies amend the law so as to ensure the bank's independence from the government, for his part described the Economic Media Center dramatic rise in the US dollar exchange rate as artificially to several factors, most notably, a major mafias dominate the Iraqi market and speculative companies. The head of the center lion Mohammed Ali, said the center's central bank called for the cancellation of the auction, to develop a transition period to measure the performance of banks under the canceled Did constitute a successful him a substitute, stressing: "The results reached by the market now need to re-auction the central and guardianship on the dollar market , after it burned mafias speculators its market and has become a pressing element on the local market, "He called the center to remove all forms of guardianship for the work of the Central Bank, the restrictions budget for volumes of dollar sales and talk about the fulfillment of Comerk and tax remittances for import licenses fact that this is not one of his duties .ohdd the need to move fast and work transparently to stop the climb accelerated rates of the dollar, and that the bank's board presented to the public the reasons for the current deterioration in the price of the dinar and ways to address them, pointing out "that the central bank media efforts almost absent which caused the spread of rumors that have affected the market." For his part, stressed the House of Representatives decision of the Attorney Niazi architecture Ihsanoglu, that Almstsbouapn up the dollar's exchange of not less degree dangerous the for organizing / Daash / terrorist in Alarac.ooodh Ihsanoglu in a press release, "The emitters in the high dollar exchange rate no less a degree of seriousness Daash Iraq price, calling the central bank to reconsider his policy before the monetary crisis deepens. " Economists local described, the surge in the US dollar exchange rate as artificially to several factors, most notably, a major dominance mafias on the Iraqi market and corporate speculation, calling for the central bank to cancel the auction, to develop a transition period to measure the performance of banks under the canceled Did constitute a successful him a substitute. The central bank attributed the rise in the dollar's exchange rate against the dinar, to speculators in the market, denying that the reason behind the lack of quotas banking financial companies, banks and the conversion of hard currency. A source at the Central Bank, said that "increased the bank of outlets to sell the dollar and reduced the standard routine to buy it by the banking and financial transfer companies and banks, the currency auction", blaming the "exchange companies and speculators responsible for rising dollar exchange rate." On the other hand showed a member of the Parliamentary Finance Committee, Majida al-Tamimi, "The rise in the dollar exchange rate against the dinar, is due to reduce the central bank from sales, as well as increasing demand from citizens and the recent special procedures deductions of tax and customs from the merchants," loaded "the Iraqi Central Bank the first and last responsibility to maintain the value of the dinar and the lack of deterioration against the dollar. "
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Baghdad / My Day
at a time when the central bank decided to consider on Saturday, an official work to meet the banking needs of the coin, described the media center of the economic surge in the US dollar exchange rate as artificially to several factors, most notably, a major mafias dominate the Iraqi market and corporate speculation while He confirmed the decision of the House of Representatives that Almstsbouapn height of the dollar exchange rate of not less degree dangerous the for organizing / Daash / terrorist network in Iraq, price, and decided the Iraqi Central Bank, on Tuesday, considered on Saturday formally durable, and attributed the reason to meet the banking needs of the currency, as pointed out to reduce the period Private deposit amounts from ten days to five. The bank said in a statement that "the Central Bank's management decided to consider on Saturday in accordance with a regular, in response to the need for banks requests from currency starting from June 20 current" The statement added that "the bank also decided to reduce the filing period for amounts for feeding the external accounts of banks from ten days to five From the first of the next month of July, "the Finance Committee in the Iraqi Council of Representatives .ccant, promised on Monday that many of the question marks are raised on the outcome of the Iraqi Central Bank action to stop the deterioration of the value of the dinar against the dollar, while the economic and investment commission parliamentary felt that many solution of the economic crisis lies amend the law so as to ensure the bank's independence from the government, for his part described the Economic Media Center dramatic rise in the US dollar exchange rate as artificially to several factors, most notably, a major mafias dominate the Iraqi market and speculative companies. The head of the center lion Mohammed Ali, said the center's central bank called for the cancellation of the auction, to develop a transition period to measure the performance of banks under the canceled Did constitute a successful him a substitute, stressing: "The results reached by the market now need to re-auction the central and guardianship on the dollar market , after it burned mafias speculators its market and has become a pressing element on the local market, "He called the center to remove all forms of guardianship for the work of the Central Bank, the restrictions budget for volumes of dollar sales and talk about the fulfillment of Comerk and tax remittances for import licenses fact that this is not one of his duties .ohdd the need to move fast and work transparently to stop the climb accelerated rates of the dollar, and that the bank's board presented to the public the reasons for the current deterioration in the price of the dinar and ways to address them, pointing out "that the central bank media efforts almost absent which caused the spread of rumors that have affected the market." For his part, stressed the House of Representatives decision of the Attorney Niazi architecture Ihsanoglu, that Almstsbouapn up the dollar's exchange of not less degree dangerous the for organizing / Daash / terrorist in Alarac.ooodh Ihsanoglu in a press release, "The emitters in the high dollar exchange rate no less a degree of seriousness Daash Iraq price, calling the central bank to reconsider his policy before the monetary crisis deepens. " Economists local described, the surge in the US dollar exchange rate as artificially to several factors, most notably, a major dominance mafias on the Iraqi market and corporate speculation, calling for the central bank to cancel the auction, to develop a transition period to measure the performance of banks under the canceled Did constitute a successful him a substitute. The central bank attributed the rise in the dollar's exchange rate against the dinar, to speculators in the market, denying that the reason behind the lack of quotas banking financial companies, banks and the conversion of hard currency. A source at the Central Bank, said that "increased the bank of outlets to sell the dollar and reduced the standard routine to buy it by the banking and financial transfer companies and banks, the currency auction", blaming the "exchange companies and speculators responsible for rising dollar exchange rate." On the other hand showed a member of the Parliamentary Finance Committee, Majida al-Tamimi, "The rise in the dollar exchange rate against the dinar, is due to reduce the central bank from sales, as well as increasing demand from citizens and the recent special procedures deductions of tax and customs from the merchants," loaded "the Iraqi Central Bank the first and last responsibility to maintain the value of the dinar and the lack of deterioration against the dollar. "
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