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*****Experts: Economy sober works to support the dinar and attract global investment*****
29/08/2011
Order to make it part of the international financial reserves
BAGHDAD - morning
*****Strengthen the economies of the currency's strength sober in their countries,***** if it contributes to lifting of material value *****in the global markets and economies, *****the International Albroosat sober important factor in attracting foreign investment, *****which will be safe in the economic environment***** was calm and enjoy the solid financial strength.*****
In Iraq, after years of hard work *****to pay the dinar towards the rise,***** but he was still unable to keep up the dollar,***** for example, where the recorded language of the figures***** that the rate of sale of the dollar against**** the Iraqi dinar is equal to 1200, *****a large number before the country's currency oil is important*****, and attribute the economists reasons for this***** are the obstacles which affect the Iraqi economy***** from time to time and the other,***** especially inflation and unemployment,***** poverty and the decline in exports *****and many other factors *****that led to the fall value of the dinar off ******the rest of the foreign currency and other Arabic .. *****
and aspiring professionals affairs financial that are supported Iraqi dinar as part of international reserves,***** through the establishment****** a strong economy enhances the value of local currency.*****
Justifying the specialists adopt the Iraqi trader when importing his goods dealing in foreign currencies***** as dollar and the euro,***** the weakness of the Iraqi economy,****** which led to the unwillingness of countries to deal in dinars. *****
explained the expert economic peace Sumaisem *****reasons for not trading the Iraqi currency in foreign dealings, *****to poor the Iraqi economy and overburdened by debt,***** noting that the Kuwaiti dinar and the Jordan have become powerful *****because of their economies, as well as the lack of debt and internal problems. *****
and khat Sumaisem in a statement made by the Agency (news): that the Iraqi trader himself has refused to deal in Iraqi dinars when the import of goods because it would not be desirable abroad.
For his part, *****central bank adviser said the appearance of Mohammed Saleh:***** that the Iraqi dinar is not an international reserve currency***** until it is handled in overseas *****and we are the Central Bank and *****as a policy cash aspire to be the Iraqi dinar is part of international reserves, and this needs a long time .*****
The added benefit is that the Iraqi dinar is the local currency convertible to other currencies, *****excluding that are dealing in Iraqi dinar externally at present evidence is that the CBE regulations do not allow to bring the Iraqi dinar, but the limits of (200) thousand dinars for the traveler. *****
The central bank adviser that all countries in the world dealing in currencies neighboring countries, but narrowly, and not on a large scale of any dealing in transactions of small cross-border and not the way to pay big for financing foreign trade.
and most likely a member of the Economic Commission parliamentary Amer Fayez Speaking for the Agency (news) that is near the horizon and in accordance with economic policy and vision and clear to make the Iraqi dinar Bmsaf currencies stable countries, stressing that there is no law forcing the Iraqi traders to deal in Iraqi currency abroad because the issue is not related to the merchant, but related to the global market.
*****The member of the Economic Commission parliamentary:***** the idea is now up to the deletion of three zeros *****of the Iraqi currency, and this project****** will hopefully contribute to give power to the Iraqi currency ******to foreign dealings.*****
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