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CBI: The Politics of raising the Iraqi dinar against the dollar will contribute to strengthen the Iraqi economy

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parothead

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CBI: The Politics of raising the Iraqi dinar against the dollar will contribute to strengthen the Iraqi economyPosted: January 30, 2012 in Iraqi Dinar/Politics, Top Headlines
Tags: Basra, Central bank, Central Bank Iraq, Iraq, Iraqi Central Bank, Iraqi dinar, United States dollar, Zakho Denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh cited some of the media to remarks from some officials for the failure of the central bank to raise the Iraqi dinar against the U.S. dollar.

He told all of Iraq [where] that “the Iraqi Central Bank to raise the dinar against the U.S. dollar at the present time is a positive step measured accurately,” adding that “the statements that dealt with the failure of the Bank in a political lifting the dinar against the dollar reflects the contract and hatreds personal.”

.He added that “Iraq has a lot of money and the reports of failure of the Central Bank in the management firm has no basis in truth,” adding that “the central bank responsible for managing 130 trillion dinars a day from Zakho to Basra managed all honesty,” as he described.

He pointed out that “the Central Bank has provided a stable environment and maintain the stability of the Iraqi market in light of the political situation is stable,” adding that “in case of failure in the completion of projects it is not decent load the central bank responsibility for those failures and wondered about the source of this statement and is the agenda that stands behind it and what its objectives??.

The wants and crude oil exported from Iraq resource is the basis of the national financial income for the country and more than [85%] of the financial budget of the State.

The Adviser to the Prime Minister for Economic Affairs Abdullah Al-Hussein Anbuge had criticized earlier in the policy of the Iraqi Central Bank to lift the Iraqi dinar against the U.S. dollar, “adding that” the bank did not coordinate with the Economic System in addressing the situation, “asserting that” those political violate the productive base in Iraq and that the Iraqi Central Bank to raise the dinar against the U.S. dollar at the present time is incorrect because it is a real increase.

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