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Economic center: SELL the DOLLAR in accordance with market needs control of the sales process will support the STABILITY of the DINAR EXCHANGE RATE


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23-07-2013 12:51 PM

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Baghdad (news) .. Prime Media Center Economic Dergham Mohammed Ali, that the continued sale of the U.S. dollar from the central bank auction by market need him with tighter controls on the sale process will enhance the stability of the exchange rate of the dinar against the dollar. said Mohammed Ali (of the Agency news): The dollar exchange rate is determined by supply and demand, which can supply the greater and at a specified price reduces the control of specific groups at the exchange rate and the monopoly of sales operations in certain ports, which promotes the reduction of the exchange rate of the dollar. added: that whenever been edited drafts and open to the private sector through private banks and the exchange rate adopted by the central bank will reduce the value of the dollar, indicating that the continuation of sales generally under need a real market would exuberance required that supports the stability of the dinar exchange rate. called Muhammad Ali: the monetary authority to control reality closely to protect these ports from the monopoly or infringement of beneficiaries to raise the exchange rate to maintain the flow of foreign currency to the market smoothly. / End / 8.'s. m /

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Good Morning Yota... Great post.....There are a lot of little thing that have to happen to make this work... This is one of them......And IMO, there have been a lot of them happening in the last month or so!!!! GO RV!!!~~~ :tiphat::peace:

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Economic center: sell the dollar in accordance with market needs control of the sales process will support the stability of the dinar exchange rate

 

23-07-2013 | (Voice of Iraq) - comment.PNG Add a comment -    Baghdad (news) 

The head of the Economic Media Center Dergham Mohammed Ali, continued to sell the U.S. dollar from the central bank auction by the market need him with tighter controls on the sale process will enhance the stability of the exchange rate of the dinar against the dollar. 

Said Mohammed Ali (of the Agency news): The dollar exchange rate is determined by supply and demand, which can supply the greater and at a specified price reduces the control of specific groups at the exchange rate and the monopoly of sales operations in certain ports, which promotes the reduction of the exchange rate of the dollar. 

He added: that whenever remittances was liberated and open in front of the private sector through private banks and the exchange rate adopted by the central bank will cut the value of the dollar, noting that the continuation of overall sales under real market need will achieve required exuberance that supports the stability of the dinar exchange rate. 

He called Muhammad Ali: the monetary authority to actually close monitoring for the protection of these ports of monopoly or infringement of the beneficiaries of the revaluation of the exchange rate to maintain the flow of foreign currency to the market smoothly.

Read more: http://translate.googleusercontent.com/translate_c?depth=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D109396&usg=ALkJrhjO9fCbEc8IbsSgTGfTSs9fuOkUzw#ixzz2Zrzlenzf

 

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Economic center: sell the dollar in accordance with market needs control of the sales process will support the stability of the dinar exchange rate
 
 
 
23-07-2013 12:51 PM
 
 
 

Baghdad (news) .. The head of the Economic Media Center Dergham Mohammed Ali, continued to sell the U.S. dollar from the central bank auction by the market need him with tighter controls on the sale process will enhance the stability of the exchange rate of the dinar against the dollar.
 
 

Said Mohammed Ali (of the Agency news): The dollar exchange rate is determined by supply and demand, which can supply the greater and at a specified price reduces the control of specific groups at the exchange rate and the monopoly of sales operations in certain ports, which promotes the reduction of the exchange rate of the dollar.
 
 

He added: that whenever remittances was liberated and open in front of the private sector through private banks and the exchange rate adopted by the central bank will cut the value of the dollar, noting that the continuation of overall sales under real market need will achieve required exuberance that supports the stability of the dinar exchange rate.
 
 

He called Muhammad Ali: the monetary authority to actually close monitoring for the protection of these ports of monopoly or infringement of the beneficiaries of the revaluation of the exchange rate to maintain the flow of foreign currency to the market smoothly. / End / 8.'s. M /

 

 

 

THE LINK : http://www.ikhnews.com/index.php?page=article&id=93898

 

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