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Laibi for "Qurtas News": central bank action to calm the fears of deterioration in the value of currency
Tuesday 16 June 2015
Saw economist Maitham coffee, Tuesday, that the central bank measures to reduce the filing period for feeding the external accounts of banks and to extend the work on Saturday, the amounts, positive measures, and come in favor of calming brain
Qurtas News / Baghdad
Saw economist Maitham coffee, Tuesday, that the central bank measures to reduce the deposit period for feeding the external accounts of banks and to extend the work for Saturday amounts, positive measures, and come in favor of calming fears of a deterioration of the Iraqi currency value, both of which are working on the time factor and reduced.
He said coffee for "Qurtas News" that "reducing the period of deposits will contribute to accelerate the transfer of currency movement and coverage of the withdrawals, which can reduce the delays and the subsequent effects on the quick cover, and then not high dollar prices because of supply shortages.
And on the work on Saturday, said the coffee that "Everyone knows that there is usually a shortage of dollar supply at the end of the week, so that on Sunday, usually faces significant withdrawals, and that the addition working day could reduce the gap between supply and demand during these days, what can reduce speculation on the dollar shortage that occur during that and subsequent increases in the dollar exchange rate.
As a result of both resolutions pour toward reassure the market and reduce the dollar exchange rate, according to an economist.
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Tuesday 16 June 2015
Saw economist Maitham coffee, Tuesday, that the central bank measures to reduce the filing period for feeding the external accounts of banks and to extend the work on Saturday, the amounts, positive measures, and come in favor of calming brain
Qurtas News / Baghdad
Saw economist Maitham coffee, Tuesday, that the central bank measures to reduce the deposit period for feeding the external accounts of banks and to extend the work for Saturday amounts, positive measures, and come in favor of calming fears of a deterioration of the Iraqi currency value, both of which are working on the time factor and reduced.
He said coffee for "Qurtas News" that "reducing the period of deposits will contribute to accelerate the transfer of currency movement and coverage of the withdrawals, which can reduce the delays and the subsequent effects on the quick cover, and then not high dollar prices because of supply shortages.
And on the work on Saturday, said the coffee that "Everyone knows that there is usually a shortage of dollar supply at the end of the week, so that on Sunday, usually faces significant withdrawals, and that the addition working day could reduce the gap between supply and demand during these days, what can reduce speculation on the dollar shortage that occur during that and subsequent increases in the dollar exchange rate.
As a result of both resolutions pour toward reassure the market and reduce the dollar exchange rate, according to an economist.
[You must be registered and logged in to see this link.]
