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Finance Committee Member Opinion: IQD will fail to rise agai

Unread postPosted: Wed Nov 16, 2011 12:53 pm
by Stillw8n
Finance Committee Member Opinion: IQD will fail to rise against foreign currencies until next year

Deputy in the Finance Committee excluded the increase of the value of the Iraqi dinar against the dollar during the year (2001)
On: Wed, 16/11/2011 13:11

Baghdad (news) .. Eliminated a member of the Knesset Finance and MP for the / Kurdistan Alliance / Najiba Najib increase the price of the Iraqi dinar against the dollar, George W over the next year as a result because the Iraqi economy is still dependent on oil revenues annually.

said Najib told the reporter Agency (news) on Wednesday: I expect during the year (2012) to keep the Iraqi dinar to its rate against the U.S. dollar did not increase its value the fact that Iraq continues its economy unilaterally dependent on oil Baaradath annual.
The answer: If the government wants the federal and relevant state of Iraq to make the Iraqi dinar is strong toward foreign currencies, it should consider how to strengthen the Iraqi economy and its diversity through the activation of all economic sectors in the country.

It continued that there are frequent meetings by the management of fiscal and monetary policies, and some members of the Knesset Finance on how to strengthen the Iraqi dinar against foreign currencies, saying: so far failed to take measures applied to this issue, but keep its price will continue until next year.

The member of the Finance Committee representative to: the conduct of monetary policy and of the Central Bank among its accomplishments achieved is to keep the price of the Iraqi dinar against the dollar after what was, during the past years oscillating value against the dollar.

A member of the Finance Committee and the representative / National Alliance / Hussain Yasiri in an earlier statement the Agency (news): that the Iraqi dinar now beginning to recover nearly what it was in the past and are treated in most countries such as Syria, Jordan, Lebanon and the other could be to replace the dinar in any international currency, stressing that the Iraqi dinar Now the currency internationally recognized as in the past, raising the price of the U.S. Dollar terms, indicating that the exchange rate of the dinar against the dollar was (3027) JD, but now its price (1191) dinars, and this shows that the Iraqi dinar began recovering

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