Tuesday, July 30, 2013

Deputy: Ministry of Finance required to open windows for the sale of hard currency in all provinces to support the price of the dinar

30-07-2013

Baghdad (news) .. Student member of the Finance Committee MP / National Alliance / Amin Hadi, the Ministry of Finance to coordinate with the Central Bank to open the windows sale of hard currency in all branches of government banks to the generality of the country so as to prevent the monopoly of banks selling certain without the other.

Hadi said (of the Agency news): Some private banks are trying to monopolize the sale of hard currency to their advantage, which led to increase in the exchange rate of the dinar against the dollar, as a result of the existence of an imbalance in the balance of supply and demand for dollars in the local market.

He added: The Ministry of Finance required to develop a plan to open special outlets for the sale of hard currency in all branches of the Rafidain good governance in the country, both in Zakho or FAO to deliver the dollar to target groups of traders and businessmen or travelers and others, so as to support the stability of the dinar exchange rate, noting that the state needs badly because most of their dealings dinar to the dollar.

Has seen the Iraqi dinar exchange rate during the past few weeks a significant decline against the dollar, which made economists fear its impact on the country's economic wheel. / End / 8.'s. M /

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