Finance parliamentary: the reliance on central bank monetary policy open

[k98nights]

Finance parliamentary: the reliance on central bank monetary policy open

| on 8/20/2013 | Author David Muhannad | readings |

 

BAGHDAD / Raghad Doham

 

Confirmed the parliamentary Finance Committee that "the first cause the dollar to rise against the Iraqi dinar lies in the political set by the Central Bank as the monetary policy pursued by the central bank with the companies and banks that deal with the bank."

 

A member of the Committee Faleh applicable to the newspaper "integrity electronic" that "the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar."

 

The force added that "the central bank to reduce the size of the companies that deal with it and put the money in the auction, which will lead to a reduction in the value of the dollar and reliance on monetary policy open without complicated procedures and controls and open a wider field of hopes the government banks." It is noteworthy that the banknotes market witnessed a clear variation in the exchange rate of the U.S. dollar against the Iraqi dinar.

 

http://www.alestiqama.com/news.php?cat=business&id=2816

 

[waterman13]

A member of the Committee Faleh applicable to the newspaper "integrity electronic" that "the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar."

 

[sandfly]

SO ANOTHER YEAR

[hammer911]

JMO, But I think this is the finance comity member slamming the CBI.... I dont think it means there are going to..it sounds to me like there just slamming the cbi in the media...JMO.... GO RV!!!~~~

[Choppermike]

Hey Iraqi Parliament and CBI - Your exchange rate of the dinar against the dollar and vice versa is a joke, however this JOKE is no longer funny.  Your ability to make good sound monetary decisions for your country and your people are pathetic and each of you should be asking for Allah's forgiveness. 

Edited August 20, 2013 by Choppermike

[vomer]

A member of the Committee Faleh applicable to the newspaper "integrity electronic" that "the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar."

SIGNIFICANTLY raise .. BEFORE next June.  I can wait till next June for SIGNIFICANT

[unirod]

Pay me now or pay me later. Either way you must pay!

[NoviceInvestor]

SO ANOTHER YEAR

And another .. And then probably another ...