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December 15 2011
BAGHDAD - Yasser incumbent
Deputy Governor of the Central Bank of Iraq the appearance of Mohammed
Saleh, the bank continued to pump foreign currencies through currency
auction at the rate of 150-180 million dollars a day and nearly 200
billion dinars for the purpose of withdrawing liquidity and the
preservation of Iraqi dinar exchange rate and trade finance to the
private sector.
Salih said in response to Question (morning) on the reasons for the rise in the exchange rate: The
regional situation has caused the creation of a new application on the
dollar and this was reflected in the demand for a slight rise. He added
that Iraq and because of the regional situation has become a conduit for
regional trade and became the Iraqi trader and broker acceptable in the
region. and hinted need to review the trade policy in the country and
lay the foundations of a new import and re-exports, which contributed to
this slight increase. the appearance of reiterated at the conclusion of
his statement (morning) that the central throw quantities of foreign
currency enough actual market needs and the need requires review and
organization of re-exports to way as to maintain the balance of the
market
http://www.forexworldsite.com/
BAGHDAD - Yasser incumbent
Deputy Governor of the Central Bank of Iraq the appearance of Mohammed
Saleh, the bank continued to pump foreign currencies through currency
auction at the rate of 150-180 million dollars a day and nearly 200
billion dinars for the purpose of withdrawing liquidity and the
preservation of Iraqi dinar exchange rate and trade finance to the
private sector.
Salih said in response to Question (morning) on the reasons for the rise in the exchange rate: The
regional situation has caused the creation of a new application on the
dollar and this was reflected in the demand for a slight rise. He added
that Iraq and because of the regional situation has become a conduit for
regional trade and became the Iraqi trader and broker acceptable in the
region. and hinted need to review the trade policy in the country and
lay the foundations of a new import and re-exports, which contributed to
this slight increase. the appearance of reiterated at the conclusion of
his statement (morning) that the central throw quantities of foreign
currency enough actual market needs and the need requires review and
organization of re-exports to way as to maintain the balance of the
market
http://www.forexworldsite.com/
