Tuesday, May 22, 2012

Financial Expert: consistently low expectations of the Iraqi dinar against the dollar in the coming days

  Tuesday 22/05/2012

Baghdad (news) .. attributed the financial expert, Hussein Allawi, the star, the low exchange rate of the dollar against Iraqi dinar between (1222-1223) of the policy that I follow the central bank offer (your customer), and the role of the Iraqi media, and expected continued decline in the dollar against the Iraqi dinar.
He said the star (of the Agency news) on Tuesday: The low exchange rate of the dollar against the Iraqi dinar is up to the policy that I follow the central bank introduced (your customer) and the instructions issued by the Bank in determining the roles of the companies participating in the auction.

He pointed star to: the Economic Information he was instrumental in shedding light on an important issue, namely, (a secure economy), where the reach through to the result of the task of alerting decision makers to take many decisions toward currency exchange rates, and the Iraqi economy in general, and continued, resulting in the past two days to lower or stabilize the dollar exchange rate.

He expected the financial expert: Oankhvad continuation of the dollar against the Iraqi dinar in the coming days for several reasons, most notably the political central bank, which recently adopted.

And: that the real value of the Iraqi dinar is backed by a strong value (60 to 62) billion dollars, a very large cash cover under the global economic crisis experienced by Europe and the United States of America.

The Star: that is the regional challenges that have affected the exchange rate and the Iraqi government today has absorbed this challenge by the Iraqi Central Bank's policies in determining the flow of the dollar in the Iraqi market in the financing of foreign trade. Finished / 21. A. M /