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MP Faleh Surrey, there is a plan to stabilize the exchange rate of the dinar and put the Iraqi Central Bank
Ali Salman - 15/07/2012 PM - 8:05 | Hits: 82
Economic / Buratha News
Announced by the Finance Committee MP / National Alliance / Faleh Al Sari, a plan to keep the dinar exchange rate, reference the reasons for the increased demand for the dollar during the last period to the international economic sanctions imposed on Iran and Syria. He said in effect: There are many factors that made the exchange rate of the dinar against the dollar increase, including increased government spending and increase generated from the general budget every year, offering Iran and Syria to international economic sanctions make them desperate need of dollars. He added that the central bank has a plan to preserve the value of the Iraqi currency include the continued sale of hard currency in the auction as well as opening many outlets to sell the dollar, both in government and private banks or in the ports bypass the other, with the increase in the amount of currency sold under certain conditions to create a balance between volumetric display and demand. This has allowed the Central Bank's (25) private banks to sell the dollar according to certain controls, and gives each bank a week million and (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit for banks (10) dinars.
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Ali Salman - 15/07/2012 PM - 8:05 | Hits: 82
Economic / Buratha News
Announced by the Finance Committee MP / National Alliance / Faleh Al Sari, a plan to keep the dinar exchange rate, reference the reasons for the increased demand for the dollar during the last period to the international economic sanctions imposed on Iran and Syria. He said in effect: There are many factors that made the exchange rate of the dinar against the dollar increase, including increased government spending and increase generated from the general budget every year, offering Iran and Syria to international economic sanctions make them desperate need of dollars. He added that the central bank has a plan to preserve the value of the Iraqi currency include the continued sale of hard currency in the auction as well as opening many outlets to sell the dollar, both in government and private banks or in the ports bypass the other, with the increase in the amount of currency sold under certain conditions to create a balance between volumetric display and demand. This has allowed the Central Bank's (25) private banks to sell the dollar according to certain controls, and gives each bank a week million and (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit for banks (10) dinars.
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