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Sources for the future of Iraq: electoral propaganda deals behind the instability of the dollar
Author: the future of Iraq
04.08.2012 0:00
The future of Iraq / special
economic sources familiar with the "Future of Iraq" The process of rise of the dollar over the Iraqi dinar, which comes despite the policy of the Iraqi Central Bank to buy the currency at fixed prices and sell them for less than the real price has to maintain Stability of the exchange rate in the country is the process of "deliberate "has the dimensions and objectives falling within the" parameters of financial and administrative corruption as well. "The sources said in remarks summed up by the" Future of Iraq "that" absent "the power of control of the central Iraqi mechanisms to sell the currency and transfers locally leaving the banking companies and banks open for manipulation of exchange rates. Promised to sources that process as a "major setback" for the millions of Iraqi spent by the Central proves exchange rates, pointing out that he is forced therefore to monitor what is happening in the currency market locally, otherwise, he should "stop wasting people's money in Mzhadath that have become irrelevant." On the one hand the other, said economists close to the Iraqi Central that "significant financial transactions," concluded between the companies, conversion and exchange locally, and the "government officials" to turn a blind eye to raise the prices of the dollar over the conduct of the Iraqi dinar. They said it was "the process of programmed" comes ahead of the elections two years to collect the assets of a good imposed on the banking companies in order to utilize them in the "finance" some blocs and parties. Noted the sources, the owners of companies and offices, fearing potential recruit "gangs" of some of the blocs and parties to the practice of robbery and looting against them , asserting that their acceptance to deal with these authorities to ensure that free them from, as well as to ensure that "Scott" regulators by government, in turn, these finance companies have a propaganda campaign in preparation for the parliamentary elections and the upcoming local.
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