08/18/2012
Baghdad (news) ..
The member of the Finance Committee MP / National Alliance / Hussain
Yasiri, the need to diversity reserves of hard currency by the Central
Bank in international currencies such as the euro and the pound sterling
to avoid the effect of increasing the dollar exchange rate on the
economy and the national currency.
Yasiri said (of the Agency news) on Saturday: Although the dollar coin has been generally accepted in all countries of the world, but reliable in all dealings is not true, because of increased demand and higher value will affect the local currency, so you should encourage banks to deal in international currencies such as the euro and other sterling pound, in addition to the dollar.
He added that the acceptance of the currency in international transactions depends on the general orientation to it, the evidence is that there are countries economy is strong, but its currency is not international, such as Japan and other countries have backed up a large cash and also its currency is not international, while there are countries put trade well and its currency is accepted in the world such as China , pointing to the existence of a general trend by countries of the world to deal dollar became an international currency is treated even in the villages and countryside. / end / 8. d. Q /
Yasiri said (of the Agency news) on Saturday: Although the dollar coin has been generally accepted in all countries of the world, but reliable in all dealings is not true, because of increased demand and higher value will affect the local currency, so you should encourage banks to deal in international currencies such as the euro and other sterling pound, in addition to the dollar.
He added that the acceptance of the currency in international transactions depends on the general orientation to it, the evidence is that there are countries economy is strong, but its currency is not international, such as Japan and other countries have backed up a large cash and also its currency is not international, while there are countries put trade well and its currency is accepted in the world such as China , pointing to the existence of a general trend by countries of the world to deal dollar became an international currency is treated even in the villages and countryside. / end / 8. d. Q /