Home
The economic embargo of Iranian push to buy dollars from Iraq
Wednesday, 25 December / 2 January 2012 20:35
Hits: 97
•
•
•
User Rating: / 2
Weak Good
Twilight News / witnessed border areas between Iraq and Iran, on Wednesday, the flow of thousands of Iranians to buy the U.S. currency (dollar) which took the currency to appreciate against Iran, as a result of international economic sanctions imposed on it yesterday.
It is noteworthy that some observers in economic affairs believe that increasing the price of the dollar from 14 thousand riyals to about 21 thousand riyals in one month does not seem normal to the Iranian economy, especially since he suffers mainly from the problems that led to inflation reached 22% last month, at a time up when the West is a practical steps to implement the sanctions on the Central Bank and the prohibition of the sale of oil approved by the European Union on Monday.
The site said the Iranian-called bright in the news, seen by "Twilight News" that "thousands of Iranians poured into the Iraqi border - Iran to buy the dollar, which has taken to appreciate against the Iranian currency in recent weeks," adding that "offices of exchange in the city of Kut, which lies in ( south) east of Iraq and faced in the past few days the high demand on the dollar. "
The Iranian government has tried over the last few days to maintain the riyal's exchange rate, through the arrest of some of the trading in foreign currency on the black market, as well as the lifting of exchange rates in the formal banks, but a number of exchange offices refusing to buy or sell dollars at the price specified and continued bankers dealing on the black market despite police surveillance of their work.
It said that "the border areas of Iraq, including Zorbatiyah and Shalamjah and Mundhiriyah which is the crossing trade and tourism between the two neighbors saw an overwhelming response by the Iranians to buy the U.S. dollar," pointing out that "the merchants Iraqis are now buying dollars from the Iraqi Central Bank to be smuggled to Syria and Iran, which Tkhaddaan the international economic embargo. "
The price of gold coins rose today in the Iranian market to unprecedented amounts reported as the price of one piece reached to 11 million rials, while the price in recent weeks, ranging up to 6 million Iranian rials.
[You must be registered and logged in to see this link.]
Wednesday, 25 December / 2 January 2012 20:35
Hits: 97
•
•
•
User Rating: / 2
Weak Good
Twilight News / witnessed border areas between Iraq and Iran, on Wednesday, the flow of thousands of Iranians to buy the U.S. currency (dollar) which took the currency to appreciate against Iran, as a result of international economic sanctions imposed on it yesterday.
It is noteworthy that some observers in economic affairs believe that increasing the price of the dollar from 14 thousand riyals to about 21 thousand riyals in one month does not seem normal to the Iranian economy, especially since he suffers mainly from the problems that led to inflation reached 22% last month, at a time up when the West is a practical steps to implement the sanctions on the Central Bank and the prohibition of the sale of oil approved by the European Union on Monday.
The site said the Iranian-called bright in the news, seen by "Twilight News" that "thousands of Iranians poured into the Iraqi border - Iran to buy the dollar, which has taken to appreciate against the Iranian currency in recent weeks," adding that "offices of exchange in the city of Kut, which lies in ( south) east of Iraq and faced in the past few days the high demand on the dollar. "
The Iranian government has tried over the last few days to maintain the riyal's exchange rate, through the arrest of some of the trading in foreign currency on the black market, as well as the lifting of exchange rates in the formal banks, but a number of exchange offices refusing to buy or sell dollars at the price specified and continued bankers dealing on the black market despite police surveillance of their work.
It said that "the border areas of Iraq, including Zorbatiyah and Shalamjah and Mundhiriyah which is the crossing trade and tourism between the two neighbors saw an overwhelming response by the Iranians to buy the U.S. dollar," pointing out that "the merchants Iraqis are now buying dollars from the Iraqi Central Bank to be smuggled to Syria and Iran, which Tkhaddaan the international economic embargo. "
The price of gold coins rose today in the Iranian market to unprecedented amounts reported as the price of one piece reached to 11 million rials, while the price in recent weeks, ranging up to 6 million Iranian rials.
[You must be registered and logged in to see this link.]
