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Bijari: low dollar exchange rate does not affect the policy of the Central Bank

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Bijari: low dollar exchange rate does not affect the policy of the Central Bank

Unread postby admin » Tue Aug 06, 2013 8:22 am

Bijari: low dollar exchange rate does not affect the policy of the Central Bank

06-08-2013 10:42 AM

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Baghdad (news) .. Confirmed a member of the Economic Commission MP for the coalition in Iraq Nora Bijari, that the decline in the dollar globally does not affect ماموجود in the Central Bank that the Bank's main formulating monetary policy of the country. said Bijari (of the Agency news): he was scheduled to reduce the price of the dollar to 1,000 Iraqi dinars Before replacing the currency in three months, but this thing stopped due to lack of government approval to be replaced because of political circumstances. said: that Iraq unimpaired down the dollar being a Aatdharb with the Iraqi currency because the central bank to unimpaired global market and all transactions local. showed: that Iraq has large reserves of Gold can not be altered to work hard is a cover for the Iraqi currency in addition to oil, indicating that Iraq's money until now existed Development Fund for Iraq, what comes from oil we get Aiardth Development Fund, which in turn prevents the central bank and the latter takes a commission by the increase of 2% on each exchange. Little is expected to continue this decline of the dollar and see the price of the Iraqi dinar biggest improvement over the next few days, according to the Central Bank and indicators of market movement. / End /

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