Central Bank confirms the existence of (ghost) behind the increasing demand for the dollar

[rockhound60]

Central Bank confirms the existence of (ghost) behind the increasing demand for the dollar

On: Tuesday 10/4/2012 8:46

Baghdad / menopausal Hossam Acommok

. Accused in some quarters of the parliamentary nominated "mafia Iraqi traders" dollar smuggling to neighboring countries that suffer international economic sanctions (Iran and Syria), pointing to a link to these traders. Political figures in the window you want to influence in the Iraqi economy for personal gain by saying,

Which led to a slight increase in the exchange rate of the dollar against the Iraqi dinar.

In contrast, an economist stressed the existence of other factors did not talk about the parliamentary committee, the most important domestic trade as well as pressure on the financing of armed groups for terrorist operations in huge amounts paid in dollars.

. In the meantime, he Central Bank of confusion about the increasing demand for the dollar, stressing that an unknown person (ghost) stands behind it by opening accounts for people traffickers false return for kickbacks Athsalon them, stressing that the movement of trade in the neighboring countries also contributed to the increase dollar compared to the Iraqi dinar.

The price of the dollar in the local markets, according to the reporter (range) to the 1227 Iraqi dinars, despite the auction, the Bank witnessed heavy turnout on it.

A member of the Finance Committee in the House of Representatives Jubouri Haitham: "The economic embargo imposed on Iran and Syria need to make them hard currency (dollar) which is exploited (mafia) Iraqi traders and worked on the smuggled into these countries at the expense of the national economy."

He Jubouri (range): "The smuggling of electronic transfer form under the pretext of shopping or transfer money to some people."

He Jubouri: The measures taken by the Central Bank by identifying the amount to be converted and who received it undermined the smuggling and contributed to the slightly lower price of the dollar compared to the past and continued follow-up will restore the bank to Ajraeth dollar exchange rate set by the past. "

He accused Jubouri politicians did not identify being involved in a high dollar, and said "Some of them linked Pmaviac traders .. they are trying to benefit from the continued high price of the dollar and achieving the wishes of the character," adding, "but some of the media yields in this matter by presenting a distorted picture of exaggerated for the economic landscape of Iraq, stressing the need to prosecute those involved in this file in cooperation with the Economic Committee in the parliament and the government urged us, as well as continuing the Central Bank of the need for there to be equality between supply and demand of dollars to ensure the stability of the Iraqi market. "

And the amount of money smuggled to Tehran and Damascus in the current period, said a member of the Finance Committee, "I do not have precise figures about this file .. but in a steady decline, though, we turn large sums to Iran, especially by legal means, because we import many goods of them, as well as visitors flocking to and from Iran. "

For his part, said the economist Majid picture, "there is a set of pressure to buy the dollar in Iraq resulted from political and economic conditions in neighboring countries, especially Syria and Iran, which are subjected to economic sanctions, which led to its high price compared to the Iraqi dinar." And added the picture in a telephone conversation with ( range): "Madjaet by the parliamentary Finance Committee is true to some extent .. but there are other things affected the price of the dollar in the forefront of a lot of money to go to domestic trade as well as money pumped by armed groups in the financing of terrorist operations, which are usually in dollars." and the actions taken by the central bank said the picture "It's not enough .. is supposed to be accompanied by practical steps from the relevant government agencies such as the Ministry of Finance and security institutions, especially at the border as well as banks."

And that the picture of "the process of exchange of the Iraqi dinar on the one hand and Altoman the Iranian and Syrian pound the other hand, within the country also weighed on the dollar was the smuggling of large hard currency." In the meantime, Vice President of the Central Bank of the appearance of Mohammed Saleh: A person who is not known (the specter of ) open bank accounts of dozens of merchants is true to meet certain currency between the parties. "

Saleh added (range): "The Finance Committee has extensive information about it because it is overlooking the legislative side and have a link with the bodies, all of which provide it with information and documents confirming the smuggling of hard currency to neighboring countries." Saleh continued: "Previously we did not ask for documentation of the person requesting the amount of under 50 thousand dollars .. we noted at the time that about 92% of the requests do not exceed the 49 thousand dollars, which demonstrates seek to circumvent the regulations, instructions and thus worked to change the criteria between Onah and the other as well as the demand for passage of a tax year as well as document business. "

With regard to the size of demand for the dollar in the domestic market between the benefit that the central bank exceeded 400 million dollars a day, stressing that "it is illogical to ask the Iraqi market, this huge, pointing out that in the previous year did not exceed the demand barrier of 1.5 million dollars a day, a confirms that the increase in demand is not about the Iraqi economy but for other reasons, including the regional markets that suffer from the scarcity of the dollar with an overlap of a commercial cast a shadow on the Iraqi dinar at the current stage.

http://translate.goo...ZELd7yoHnORpKug

[Crow]

That's okies boy..Ghost!!! Maybe he does have people in high places...LMAO