House of Representatives adds Minister of Finance and bank managers to stop the rise of the dollar

[Dinar_o'saurs]

House of Representatives adds Minister of Finance and bank managers to stop the rise of the dollar
BAGHDAD - Dalia Ahmed
Parliamentary Finance Committee confirmed near تضييف and Minister of Finance and bank managers to know the reasons for the high exchange rate of the dollar. A member of the Committee secretary Hadi Abbas (time) yesterday that (the Commission will add both the Minister of Finance and bank managers to discuss the reasons for the high price of the dollar in the markets and the development of solutions and instructions that must be applied by all banks when the dollar). He said (When Altadhaev finished expects lower U.S. dollar exchange rates in the markets). The MP on the mass of the citizen Abdul-Hussein Abtan the competent authorities to take swift action to halt the rise in the exchange rate. He said Abtan in Matmrsahfa that (the high exchange rate against the Iraqi dinar during the current term taking overwhelms the citizen, especially the owners of low-income because most of what exists in our markets imported goods). Said Abtan (the U.S. dollar exchange rate was 1160 dinars in the year 2006 and was cash reserve 10 billion dollars, while today, the cash reserves of foreign currency of $ 74 billion and the government exchange rate of the dollar more than 1,250 dinars).
AZQ01

[sandfly]

THANKS

[jeepguy]

I would have too imagine the rise of the dollar is due to the fact that , the only thing Iraq has going for itself is oil exports, and the security ,and trade area are in bad shape, so much so that the economy is not enough too stabilize the dinar rates against the demand for the dollar,