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repercussions of the dollar smuggling to Iran on the Iraqi e

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repercussions of the dollar smuggling to Iran on the Iraqi e

Unread postby admin » Sun Jan 29, 2012 11:38 am

Economists warn of the repercussions of the dollar smuggling to Iran on the Iraqi economy

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Warned a number of experts in the field of economy and development, the escalation of the sale of foreign currency at border crossing points with Iran, and the requirement of Iranian traders pay Akiem goods supplied to Iraq in hard currency.
and emerged in the recent phenomenon of selling hard currency to the Iranian businessmen at border crossings, especially in the Maysan province.
The economist said the World Bank Majid picture for "Kurdistan News," Sunday, The phenomenon of replacement of the hard currency of Iranian currency is not legal, but is the process of smuggling of foreign currency should fight by the security authorities.
He added that Iranian currency is not international , and allowed their coming out of the country, but with regard to travel costs, which does not exceed (100) thousand dinars, indicating that the phenomenon of replacement of hard currency to local Iranian influenced the value of the dollar in Iraq, and raised the demand for hard currency at the Central Bank.
rose in recent weeks, sales of the bank Central League for the currency to reach the (160) million dollars a day to more than (200) million dollars a day.
Sunday, January 29, 2012

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