Is The CBI In Damage Control Mode?

[Luigi1]

from another news source...

 

 

Governor of the Central Bank will hold a press conference tomorrow to explain the rise in the dollar against the dinar
6.19.2015 three thirty-six p.m. • [baghdad-where]

Governor of the Central Bank of Iraq on the Keywords held on Saturday held a press conference to explain the rise in the dollar rate against the local currency.

An informed source told all of Iraq [where] that "the conference will be held in the Central Bank of the object building in Jadriya against the Babylon Hotel ten o'clock in the morning in the presence of the President of the Association of private banks for the purpose of clarifying rising dollar against the local currency as well as so special government measures".

saw prices dollar exchange in front of the dinar in local markets since Thursday, a significant decline, reaching about 1300 dinars to the dollar [130 000 dinars per hundred dollars] after he was before the days of 1500 dinars to the dollar [150 000 dinars for one hundred dollars.

He assured the Prime Minister Haider al-Abadi Wednesday the last of a case apprehensive about the exchange rate of the Iraqi dinar compared to the US dollar, saying "we will strike manipulators prices dollar with an iron fist," noting that "there is speculation and manipulation by corrupt and who want to influence the economic conditions and manipulation Bakot Iraqi people."

 

 

Luigi asks...

Has CBI lost control of the street rate?

Can CBI meet IMF guidelines?

Have Iraqis lost faith in the IQD?

Will the USD continue to be the currency of choice?

Will this delay the RV?

 

 

[sandfly]

OK

[Markinsa]

This is an actual news article.  Luigi if you want answers to your questions go that article to ask your questions.

 

Go to the link below to read comments or comment.

 

http://www.alliraqnews.com/modules/news/article.php?storyid=7377