Advisor to the Central Bank: monetary policy able to reduce

[Stillw8n]

Advisor to the Central Bank: monetary policy able to reduce the rate of inflation in Iraq

Baghdad (news) .. said Advisor to the Governor of the Central Bank of the appearance of Mohammed Saleh, said that monetary policy is able to reduce the rate of inflation in Iraq through to take the necessary measures to reduce it.

Saleh said in a statement to the Agency (news) on Sunday: The monetary policy of the Central Bank is able to take the necessary steps and actions necessary to curb inflation happening in Iraq, through the control of the proportion of cash as much as possible and to influence the external value of money, in addition to the use of some policies as a policy of exchange rate or interest rate is reduced to.
Salih stressed that inflation is under control, unlike the conversations the amounts that reached the extent of indicating risk becomes more serious when the rate of up to two places decimal places and now is the rank of one decimal.

The Advisor to the Governor of Central Bank: In the past, the inflation rate not exceeding (3%) and now (4%) due to the world’s expectations of inflation, increasing the wages of real estate, food, etc., making the inflation build themselves and moving upward, calling for monetary policy to take the necessary tools and procedures necessary to halt the inflationary expectations and reduce the constant increase it

http://bit.ly/nJr6co