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Bold steps to raise Iraqi dinar exchange rate


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Mass citizen: low exchange rate of Iraqi dinar heavier burden the citizen

11/04/2012 PM - 9:00 PM

BAGHDAD / Ali Salman

The member of the House of Representatives on the mass of 'Abdul-Hussein Abtan to take bold steps and quick to raise the Iraqi dinar exchange rate, noting that the low price of the Iraqi dinar had burdened the poor citizen because of the openness of the domestic market is witnessing as well as import goods from abroad. "

Abtan said in a press statement today that the parliamentary Economic Committee is a member of which has hosted more than once, the central bank governor and asked him to take bold steps and quick to enhance the value of Iraqi dinar against the U.S. dollar. "

He Abtan "that everyone is aware that the price of the Iraqi dinar four years ago is Xaara three months ago was not any fluctuation in price, despite the reserve of the Central Bank of Iraq, stressing that strengthening the purchasing power of the citizen comes by increasing the Iraqi dinar exchange rate against the dollar."

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