Saturday 05/05/2012
Baghdad (news) ..
Warned a member of the Finance Committee MP / National Alliance /
Abdul-Hussein al-Yasiri the exposure of the Iraqi dinar for
international war to weaken it, pointing to the importance of a plan by
the Central Bank to combat speculators on the dollar and reduce its
value.
Yasiri said (of the Agency news) on Saturday: The plan should be developed scientifically accurate by the Central Bank to lower the exchange rate of the dinar against the dollar, by not selling hard currency few days in a row, but must be Payam sporadic surprise speculators who buy the dollar high, and the development of complicated procedures for sale in order to reduce demand for the dollar auction of Central Bank.
And Yasiri: that the Iraqi dinar is being subjected to a regional international war to weaken and reduce its value against hard currencies, where working hard to drain dollars from Iraq and increase the rate of exchange.
It is noteworthy that the value of the U.S. dollar increased during the nineties of the last century to reach (3000) dinars to the dollar, as a result of the economic embargo imposed on Iraq, and after a year (2003) picked up the dinar is somewhat due to increased oil exports and providing international assistance to Iraq, bringing the size of the amounts provided by (62) billion dollars, and on its impact on the price of the dinar exchange (1166) to the dollar and continued for a long time conservative at the same price. / Finished / 8. d. Q /
Yasiri said (of the Agency news) on Saturday: The plan should be developed scientifically accurate by the Central Bank to lower the exchange rate of the dinar against the dollar, by not selling hard currency few days in a row, but must be Payam sporadic surprise speculators who buy the dollar high, and the development of complicated procedures for sale in order to reduce demand for the dollar auction of Central Bank.
And Yasiri: that the Iraqi dinar is being subjected to a regional international war to weaken and reduce its value against hard currencies, where working hard to drain dollars from Iraq and increase the rate of exchange.
It is noteworthy that the value of the U.S. dollar increased during the nineties of the last century to reach (3000) dinars to the dollar, as a result of the economic embargo imposed on Iraq, and after a year (2003) picked up the dinar is somewhat due to increased oil exports and providing international assistance to Iraq, bringing the size of the amounts provided by (62) billion dollars, and on its impact on the price of the dinar exchange (1166) to the dollar and continued for a long time conservative at the same price. / Finished / 8. d. Q /