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Deputy: improve the value of the Iraqi dinar against the dollar

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Deputy: improve the value of the Iraqi dinar against the dollar

Unread postby admin » Wed Sep 04, 2013 8:52 am

Deputy: improve the value of the Iraqi dinar against the dollar will bring international companies to invest in the country

04-09-2013 07:30 AM

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Baghdad (news) .. The member of the Finance Committee MP / National Alliance / Amin Hadi, central bank has taken new measures to support the stability of the Iraqi dinar exchange rate against the dollar, stressing that improved the value of the national currency will stimulate investment companies to enter the Iraqi environment. said Hadi (of the Agency news): that the increase in the value of the dinar against foreign currency will give a positive sign for the national economy, and this is what will spur international companies to enter the Iraqi environment for the purpose of work and investment. added: should the central bank take the necessary measures needed to stabilize the exchange rate of the Iraqi dinar against the U.S. dollar, so as to support economy and to encourage international companies to invest in the country. It is noteworthy that the Iraqi dinar has seen a big drop its price against hard currencies over the past months, which gave a negative indicator for the economy as a result of Zdiad cases of money laundering and smuggling of currency abroad. / End

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