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25/05/2012
Central Bank reduces the difference of the dinar exchange rate to 4%
Central Bank of Iraq, Thursday, for reducing the difference of the dinar exchange rate to 4% after it was 7%, while assuring that the process of raising its value in the Iraqi market and make the dollar worth 1000 dinars
.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh said that the bank was able to reduce the difference between the sale price of the dollar in the auction conducted by a day and between the price of the dollar in the market to 4% after it has reached more than 7% during the last period, "asserting that the Bank" seeks to reduce the difference to 2%, which is the natural difference in the world and unacceptable differences in price. "
Saleh added that the bank is working on making one dollar equal to 1000 dinars, noting that it seeks to raise the exchange rate of the dinar in the coming period and proportional to the strength of the economy, particularly that Iraq will lead the energy market in the world for years to come. "
Saleh said that the bank reserves and the government is a powerful force huge financial and therefore, these reserves and the strength of the dinar should be aligned with the positive developments in the Iraqi economy, pointing out that what we are witnessing the rise in the price of the dollar in the markets of Iraq is just a bubble, soon we will eliminate them Busaúlna including open ports dollar selling by the Rafidain and Rasheed.
The Central Bank of Iraq announced, in (21 May 2012) for the conduct of the Rafidain and Rasheed citizens to sell the dollar price of 1189 dinars per dollar, pointing out that the move was intended to benefit the Iraqi citizens directly from the exchange away from the monopoly exercised by the other.
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Central Bank reduces the difference of the dinar exchange rate to 4%
Central Bank of Iraq, Thursday, for reducing the difference of the dinar exchange rate to 4% after it was 7%, while assuring that the process of raising its value in the Iraqi market and make the dollar worth 1000 dinars
.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh said that the bank was able to reduce the difference between the sale price of the dollar in the auction conducted by a day and between the price of the dollar in the market to 4% after it has reached more than 7% during the last period, "asserting that the Bank" seeks to reduce the difference to 2%, which is the natural difference in the world and unacceptable differences in price. "
Saleh added that the bank is working on making one dollar equal to 1000 dinars, noting that it seeks to raise the exchange rate of the dinar in the coming period and proportional to the strength of the economy, particularly that Iraq will lead the energy market in the world for years to come. "
Saleh said that the bank reserves and the government is a powerful force huge financial and therefore, these reserves and the strength of the dinar should be aligned with the positive developments in the Iraqi economy, pointing out that what we are witnessing the rise in the price of the dollar in the markets of Iraq is just a bubble, soon we will eliminate them Busaúlna including open ports dollar selling by the Rafidain and Rasheed.
The Central Bank of Iraq announced, in (21 May 2012) for the conduct of the Rafidain and Rasheed citizens to sell the dollar price of 1189 dinars per dollar, pointing out that the move was intended to benefit the Iraqi citizens directly from the exchange away from the monopoly exercised by the other.
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