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Central Bank: the return of the dollar to 120 days!
Baghdad/Orr news
The Central Bank said that the dinar against the dollar will return to normal before about "120-121" few days criticizing lack of Government control over regional attack that targeted the Iraqi market.
Deputy Central Bank Governor Mohammad Saleh appearance that "dominant Bank heavily on the problem of rising dinar which is temporary due to attack on the Iraqi market from some regional States as well as the circumstances surrounding the result of trade openness without strong controls."
Saleh said "dinar to the dollar will gradually reinstated" 120-121 "after examining the Bank's problem and develop solutions rise to depend on Iraq's economy and its high financial powers, which are the best currently exists."
The Deputy Governor of the Central Bank said "the coming days will see a decrease of dinar and the end of the dollar in the Iraqi market and stability on its back. "The need to develop new solutions and controls to develop trade and goods entering the country to help lower the dollar against the Iraqi dinar and maintain the purchasing power of the Iraqi currency, global currencies", stating "the end regional attack carried out by States around the country in the past and that led to the Iraqi market instability and high dollar."
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