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The Ministry of Finance required to open windows for the SALE of HARD CURRENCY in all provinces (07/31/2013)


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The Ministry of Finance required to open windows for the sale of hard currency in all provinces

 

 

 

 

 07/31/2013

 

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Student member of the Finance Committee secretary Hadi and the Ministry of Finance to coordinate with the Central Bank to open the windows sale of hard currency in all branches of government banks to the generality of the country so as to prevent the monopoly of banks selling certain without the other.

 

 

 

 

Hadi said: "Some of the PRIVATE BANKS are trying to MONOPOLIZE the SALE of HARD CURRENCY to their advantage, which led to INCREASE in the EXCHANGE RATE of the DINAR against the dollar, a RESULT of an IMBALANCE in the balance of SUPPLY and DEMAND for DOLLARS in the local market."

 

 

 

 

And added: The Ministry of Finance required to develop a plan to open special outlets for the sale of hard currency in all branches of the Rafidain good in the country, both in Zakho or FAO to deliver the dollar to target groups of traders and businessmen or travelers and others, so as to support the STABILITY of the DINAR EXCHANGE RATE, noting that the state needs badly because most of their DEALINGS DINAR TO THE DOLLAR.

 

 

 

 

Has seen the IRAQI DINAR EXCHANGE RATE during the past few weeks a SIGNIFICANT DECLINE against the dollar, which made economists fear its impact on the economic wheel in the country.

 

 

 

 

 

the link : http://www.alestiqama.com/news.php?cat=business&id=2695

Edited by ALBUNDY
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