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Jubouri calls on CBI to raise value of IQD; Before budget is determined

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Jubouri calls on CBI to raise value of IQD; Before budget is determined

Unread postby Stillw8n » Thu Oct 11, 2012 11:10 am

Jubouri calls on CBI to raise value of IQD; Before budget is determined

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A member of a coalition of state law, MP Haitham al-Jubouri that the Iraqi currency بالآونة recent witnessed volatile large represent the low price of the Iraqi dinar against the U.S. dollar and this dire economic damaging all citizens calling the central bank to work to raise the value of the Iraqi dinar against the dollar exchange rate.

explained Jubouri said the central bank should take its role in this issue as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of the Iraqi dinar and equivalence in U.S. dollars.

said Jubouri that it is necessary to do no harm to the Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 in order to budget properly determined. Adding that currency volatility prices borne by the central bank and traders.



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