Home
A government source confirms to take action to reduce the price of the dollar against the dinar
06/16/2015
{Baghdad: Euphrates News} government source confirmed to take measures to reduce the dollar exchange rate against the dinar.
The source told {Euphrates News} that "among the measures to be taken is to increase the central bank sales, especially in the area of remittances, in addition to doubling Asdarriet Bank in this side."
"It will also open ports in government banks to sell the dollar for delegates and cases humanity." he said, adding that "there are other measures taken by the Central Bank will contribute to the provision of the dollar," noting that "there are speculations made by some has created a state of confusion in the market and contributed to raising the price of the dollar against the dinar and deliberately."
He added that "the government and other institutions and in spite of pressures as a result of the drop in oil revenue has worked quietly in recent months to put the guarantees received importers to the dollar at the official rate by remittances, in order to prevent prices from rising and to protect the poor mechanisms, as they are for traders and importers at the official rate sell the dollar and this ensures that high prices, and confirms this speech that 90% of dollar sales by the Central Bank is of remittances, and only cash for sale of 10% ".
Iraqi market has seen since the days of a big rise in the dollar's exchange rate against the dinar, rising from 118 to 141 dinars per sheet than a hundred dollar bill, what impact negatively on the economic situation in the country. It ended up as h
[You must be registered and logged in to see this link.]
06/16/2015
{Baghdad: Euphrates News} government source confirmed to take measures to reduce the dollar exchange rate against the dinar.
The source told {Euphrates News} that "among the measures to be taken is to increase the central bank sales, especially in the area of remittances, in addition to doubling Asdarriet Bank in this side."
"It will also open ports in government banks to sell the dollar for delegates and cases humanity." he said, adding that "there are other measures taken by the Central Bank will contribute to the provision of the dollar," noting that "there are speculations made by some has created a state of confusion in the market and contributed to raising the price of the dollar against the dinar and deliberately."
He added that "the government and other institutions and in spite of pressures as a result of the drop in oil revenue has worked quietly in recent months to put the guarantees received importers to the dollar at the official rate by remittances, in order to prevent prices from rising and to protect the poor mechanisms, as they are for traders and importers at the official rate sell the dollar and this ensures that high prices, and confirms this speech that 90% of dollar sales by the Central Bank is of remittances, and only cash for sale of 10% ".
Iraqi market has seen since the days of a big rise in the dollar's exchange rate against the dinar, rising from 118 to 141 dinars per sheet than a hundred dollar bill, what impact negatively on the economic situation in the country. It ended up as h
[You must be registered and logged in to see this link.]
