8/17/2012
Baghdad (news) .. Deputy Governor of the Central Bank of the appearance
of Mohammed Saleh on the status of scientific plans and programs by the
central bank to lower the exchange rate of the dinar against the dollar
to reach the normal price in the market and of (1190) in the coming
period.
Saleh said (of the Agency news) Friday: The increasing demand for the dollar is still going on in the market, which led to get the case of confusion in the market by increasing demand for the dollar suddenly, leading to increase its price until it reached to (1300) JD to the dollar during the last period.
He continued that the policy of the Central Bank and the plans developed by him has been the devaluation of the dollar gradually until he settled on a price (1240) dinars for one dollar (market) despite the fact that auction the central bank sold dollars to (1189) for banks and customers, to maintain the local currency of the degradation because the dollar exchange rate increased to more than the number specified cause deterioration of the national currency.
He added, has been developing plans and programs of scientific and well thought out to reduce the value of the dollar more in front of the dinar even up to the price of the real to settle the (1190) JD (1200) dinars in the market and then be thought out to make the U.S. dollar is equal to DT through the development of long-term plans after settling The political situation in the country and abroad and at subspecies fiscal revenue of the state.
Has seen the U.S. dollar has increased significantly and unprecedented has its value in front of the Iraqi dinar in the past months, with an exchange rate of one U.S. dollar (1300) Iraqi dinars, after he was conservative on the price for a long time b (1170) dinars to one dollar, creating great fear in economic circles constantly increase its price and its direct impact on the Iraqi economy.
It is noted that the dollar exchange rate is equal to the current (1240) Dinars. / Finished / 8. N. R /
Saleh said (of the Agency news) Friday: The increasing demand for the dollar is still going on in the market, which led to get the case of confusion in the market by increasing demand for the dollar suddenly, leading to increase its price until it reached to (1300) JD to the dollar during the last period.
He continued that the policy of the Central Bank and the plans developed by him has been the devaluation of the dollar gradually until he settled on a price (1240) dinars for one dollar (market) despite the fact that auction the central bank sold dollars to (1189) for banks and customers, to maintain the local currency of the degradation because the dollar exchange rate increased to more than the number specified cause deterioration of the national currency.
He added, has been developing plans and programs of scientific and well thought out to reduce the value of the dollar more in front of the dinar even up to the price of the real to settle the (1190) JD (1200) dinars in the market and then be thought out to make the U.S. dollar is equal to DT through the development of long-term plans after settling The political situation in the country and abroad and at subspecies fiscal revenue of the state.
Has seen the U.S. dollar has increased significantly and unprecedented has its value in front of the Iraqi dinar in the past months, with an exchange rate of one U.S. dollar (1300) Iraqi dinars, after he was conservative on the price for a long time b (1170) dinars to one dollar, creating great fear in economic circles constantly increase its price and its direct impact on the Iraqi economy.
It is noted that the dollar exchange rate is equal to the current (1240) Dinars. / Finished / 8. N. R /