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Agency news - 27/01/2012
Alabtan calls for the central bank to a study to raise the price of the dinar against the dollar
The member of the Committee on Energy and Investment parliamentary MP / National Alliance / Hussain Alabtan to raise the price of the Iraqi dinar against the dollar to improve the living conditions of the individual.
Alabtan said in a statement on Thursday the central bank to do a study to raise the proportion of the Iraqi dinar against the dollar and foreign currency in excess of (60) billion dollars.
The Alabtan to: that the Iraqi dinar at a standstill for four years since he was a cash reserve (20) billion dollars so far.
The Alabtan: to raise the price of the dinar up to (1000) dinars to the dollar at the present time suitable for economic recovery and increases the reality of living of the individual and restore its distinguished position among nations.
This is noteworthy that the central bank stressed that raising the value of Iraqi dinar by 3.4%, which may seem at first glance a low rate, although it is in fact a monetary value large part of the financial settlement large inter-bank "that this lifting" sends a strong message confirms the strength and stability of the currency national and the promising future of the Iraqi economy "and dispel all fears of the possibility of a deterioration of the latter, as he put it.
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Alabtan calls for the central bank to a study to raise the price of the dinar against the dollar
The member of the Committee on Energy and Investment parliamentary MP / National Alliance / Hussain Alabtan to raise the price of the Iraqi dinar against the dollar to improve the living conditions of the individual.
Alabtan said in a statement on Thursday the central bank to do a study to raise the proportion of the Iraqi dinar against the dollar and foreign currency in excess of (60) billion dollars.
The Alabtan to: that the Iraqi dinar at a standstill for four years since he was a cash reserve (20) billion dollars so far.
The Alabtan: to raise the price of the dinar up to (1000) dinars to the dollar at the present time suitable for economic recovery and increases the reality of living of the individual and restore its distinguished position among nations.
This is noteworthy that the central bank stressed that raising the value of Iraqi dinar by 3.4%, which may seem at first glance a low rate, although it is in fact a monetary value large part of the financial settlement large inter-bank "that this lifting" sends a strong message confirms the strength and stability of the currency national and the promising future of the Iraqi economy "and dispel all fears of the possibility of a deterioration of the latter, as he put it.
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