The independent Iraqi news agency / listen ... announced the Central Bank of Iraq in February from the application of new measures over the sales of the dollar, especially states that the buyer knows the bank for its customers, who asked him to buy the currency.
Iraq is who gets huge monthly income from oil sales in dollars, and is surrounded by Iran and Syria, which suffer from an international financial embargo, an increase in demand for the dollar is leading the local currency to decline.
He said the Iraqi Central Bank Governor Sinan Shabibi that "the political situation is relatively stable in Iraq and in the surrounding area has created a great demand for the dollar, leading to the high exchange rate of the currency recently."
In response to a question about the possibility that the international financial embargo imposed on Iran and Syria in particular the main reason for this rise, Shabibi said "This is one of the things, but the region around us, which is generally relatively stable."
And witnessed the exchange rate of the dollar Tuesday its highest level in front of the dinar since about four years in the domestic market, which is 1320 dinar per dollar, after it was last week at a stable level of 1230 dinars per dollar.
Council of Ministers were quick Wednesday to announce the formation of a committee to study the "wiggle Iraqi dinar exchange rate and to provide appropriate solutions to prevent harm to the national economy," according to channel reported "Iraqi" government in a newsflash. More Read Click Blow.
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