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Saleh: conflicts of currency exchange rates will not affect the country's economySaleh: conflicts of currency exchange rates will not affect the country's economy
Author: Publisher on:June 18, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh said that conflicts of hard currency prices in the market will not affect the Iraqi economy as a whole, stressing that the Iraqi market is one of the free markets will not be affected by conflicts of monopolists to sell and buy the dollar.
He's appearance (IMN) that "the Central Bank policies now relies on pumping massive amounts of hard currency in the market to reduce the dollar exchange rate, which works on the strong recovery of the Iraqi economy."
He explained that "there are some companies working on the monopoly of the dollar is to raise its price in the market, but the free Iraqi market is not affected by inconsistent with some monopolies taken by some financial companies policies."
The parliamentary finance committee and confirmed earlier, that the month of Ramadan will witness a rise in food prices, and so by the decline of the Iraqi dinar against the US dollar.
The parliamentary finance committee recommended in the previous parliamentary session, the central bank cut the foreign currency exchange rate, so as to reduce the high prices of goods and commodities in the holy month of Ramadan.
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Author: Publisher on:June 18, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh said that conflicts of hard currency prices in the market will not affect the Iraqi economy as a whole, stressing that the Iraqi market is one of the free markets will not be affected by conflicts of monopolists to sell and buy the dollar.
He's appearance (IMN) that "the Central Bank policies now relies on pumping massive amounts of hard currency in the market to reduce the dollar exchange rate, which works on the strong recovery of the Iraqi economy."
He explained that "there are some companies working on the monopoly of the dollar is to raise its price in the market, but the free Iraqi market is not affected by inconsistent with some monopolies taken by some financial companies policies."
The parliamentary finance committee and confirmed earlier, that the month of Ramadan will witness a rise in food prices, and so by the decline of the Iraqi dinar against the US dollar.
The parliamentary finance committee recommended in the previous parliamentary session, the central bank cut the foreign currency exchange rate, so as to reduce the high prices of goods and commodities in the holy month of Ramadan.
[You must be registered and logged in to see this link.]
