Home
Finance (News): we aspire to make the Iraqi dinar portion of international reserves
Date: Saturday 27-08-2011 01: 01 pm
Baghdad (alakhbayh)/report/Hussein Faleh/...Aspiring biologists regard that the Iraqi dinar is adopted as part of international reserves, through the establishment of a strong economy boosts value of local currency.
He justified the speaking specialists (News News Agency) the adoption of Iraqi when importing goods merchant dealing in foreign currencies as the dollar and the euro, the weakness of the Iraqi economy, leading to the unwillingness of States to deal with its currency.
Economic expert explained the reasons for non-smism peace the circulation of foreign currency transactions to the weakness of the Iraqi economy, wathkalh, noting that the Kuwaiti dinar and Jordan become powerful because of their economies, in addition to the absence of debt and internal problems.
Some smism told a reporter (News Agency KCNA) Saturday: Iraqi merchant refuses to deal with the same Iraqi dinars when imported goods because it would not be desirable in abroad.
He said the Central Bank Adviser appearance of Mohamed Saleh told reporter (News Agency for news) Saturday: the Iraqi dinar is not an international reserve currency to be treated abroad, we aspire to be the monetary policy of the Iraqi dinar portion of international reserves and this needs to be a long time.
Added benefit: the Iraqi dinar is the local currency convertible to other currencies, excluding that of the Iraqi dinar is treated externally at present a guide to help the Central Bank did eject Iraqi dinar only limits (200) 1,000 dinars to the traveler.
Central Bank Adviser, said that all the countries of the world deal with currencies of neighboring countries but narrowly and not on any large scale handle small transactions and cross-border means of payment for financing foreign trade.
Maybe parliamentary Economic Committee member and Deputy//National Alliance Amer Al-Fayez told the reporter (News News Agency) in the near horizon that economic and policy insights to make Iraqi dinar stable States refineries, stressing that there is no law forcing the dealer to deal with the Iraqi currency abroad because the issue was not related to the merchant but on the world market.
And between Al-Fayez, which makes dealing in Iraqi dinars abroad was a departure from Iraq and form item VII maintain deposits and balances now in the Central Bank.
He is a member of the parliamentary Economic Committee: idea list now to delete three zeros from the currency and this project will hopefully contribute to give power to the Iraqi currency dealings.
The Iraqi dinar was introduced in the 1930s and equated the three during the 1970s, but the deterioration of us after 1990 as a result of the invasion of Kuwait and the United Nations imposed an economic blockade, lose value rapidly and up to 3,000 dinars per dollar by mid-1990s.
The former regime printed currency outside Iraq were issued new paper currencies higher after the 25 dinars, larger number was printed banknotes KD 250 category which are not equal in reality more than 25 Fils from the dinars of the 1970s.
After 2003 a new Iraqi currency issued by larger groups to facilitate daily transactions, the 25,000 dinars became the largest Iraqi currency (dollar equals 1,120 dinars), but this price is still far from an Iraqi citizen, and deleting zeros the fastest way to increase the value of local currency against the dollar, according to observers./finished/8 r. m/
[You must be registered and logged in to see this link.]
Date: Saturday 27-08-2011 01: 01 pm
Baghdad (alakhbayh)/report/Hussein Faleh/...Aspiring biologists regard that the Iraqi dinar is adopted as part of international reserves, through the establishment of a strong economy boosts value of local currency.
He justified the speaking specialists (News News Agency) the adoption of Iraqi when importing goods merchant dealing in foreign currencies as the dollar and the euro, the weakness of the Iraqi economy, leading to the unwillingness of States to deal with its currency.
Economic expert explained the reasons for non-smism peace the circulation of foreign currency transactions to the weakness of the Iraqi economy, wathkalh, noting that the Kuwaiti dinar and Jordan become powerful because of their economies, in addition to the absence of debt and internal problems.
Some smism told a reporter (News Agency KCNA) Saturday: Iraqi merchant refuses to deal with the same Iraqi dinars when imported goods because it would not be desirable in abroad.
He said the Central Bank Adviser appearance of Mohamed Saleh told reporter (News Agency for news) Saturday: the Iraqi dinar is not an international reserve currency to be treated abroad, we aspire to be the monetary policy of the Iraqi dinar portion of international reserves and this needs to be a long time.
Added benefit: the Iraqi dinar is the local currency convertible to other currencies, excluding that of the Iraqi dinar is treated externally at present a guide to help the Central Bank did eject Iraqi dinar only limits (200) 1,000 dinars to the traveler.
Central Bank Adviser, said that all the countries of the world deal with currencies of neighboring countries but narrowly and not on any large scale handle small transactions and cross-border means of payment for financing foreign trade.
Maybe parliamentary Economic Committee member and Deputy//National Alliance Amer Al-Fayez told the reporter (News News Agency) in the near horizon that economic and policy insights to make Iraqi dinar stable States refineries, stressing that there is no law forcing the dealer to deal with the Iraqi currency abroad because the issue was not related to the merchant but on the world market.
And between Al-Fayez, which makes dealing in Iraqi dinars abroad was a departure from Iraq and form item VII maintain deposits and balances now in the Central Bank.
He is a member of the parliamentary Economic Committee: idea list now to delete three zeros from the currency and this project will hopefully contribute to give power to the Iraqi currency dealings.
The Iraqi dinar was introduced in the 1930s and equated the three during the 1970s, but the deterioration of us after 1990 as a result of the invasion of Kuwait and the United Nations imposed an economic blockade, lose value rapidly and up to 3,000 dinars per dollar by mid-1990s.
The former regime printed currency outside Iraq were issued new paper currencies higher after the 25 dinars, larger number was printed banknotes KD 250 category which are not equal in reality more than 25 Fils from the dinars of the 1970s.
After 2003 a new Iraqi currency issued by larger groups to facilitate daily transactions, the 25,000 dinars became the largest Iraqi currency (dollar equals 1,120 dinars), but this price is still far from an Iraqi citizen, and deleting zeros the fastest way to increase the value of local currency against the dollar, according to observers./finished/8 r. m/
[You must be registered and logged in to see this link.]
