Smart answer: stability of the dinar exchange rate will stimulate the country's economic movement

[kennyc]

Finance Committee member: Stability of the dinar exchange rate will stimulate the country’s economic movement

 

Tags: Baghdad, Central bank, exchange rate, Iraq, iraqi, Iraqi dinar, News agency, United States Senate Committee on Finance

24-09-2013 10:33 AM

Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, the Central Bank takes measures and controls to support the stability of the dinar against the dollar.

 

Najib said (News Agency): that the Central Bank intended to make Iraqi dinar rather stable against the dollar, especially in this difficult period, indicating that the measures taken by the Central Bank to cover the value of the Iraqi dinar.

 

She added that Iraq has enormous parallel and high reserves, the stability of the dinar exchange rate is of great importance in stimulating the country’s economic and trade with other countries.

 

Saw the Iraqi dinar exchange rate sharply in the past months, born great confusion in the local market

Edited September 29, 2013 by Markinsa
Renamed Topic Title to Original Article Title | Replaced Link to Orig Article

[cooked]

Talking again? Do they ever stop talking. I wish they would start DOING. No disrespect to the op.

[ReinMan]

They can also talk about talking.

 

Or how about this headline.....  "Minister calls for talks."

[PrettyKitty]

It sounded pretty good to me. Pretty, like ME................GoRV

[Raleighwood]

"Finance Committee member: Stability of the dinar exchange rate will stimulate the country’s economic movement"

 

 

Key words here people......stability.....not raising it. Unfortunately.....nothing good in this article!

 

[gymrat76541]

Stability is NOT what I want to see! Movement is needed, real value is needed. GO RV

[Richardk]

IMO, I see this as positive. They have the Kurds in the mix. The Kurds have been controlling their own state, security, market, government and banking system. Maliki can't even get his parliament to come to work. Yes, I see this as positive.

Stay Calm, Grounded and Be Happy

Go RI/RV

Edited September 29, 2013 by Richardk

[Boozer]

More talk, we want action, make me feel like its my wedding night

[Raleighwood]

More talk, we want action, make me feel like its my wedding night

There is no action to take. They want to keep the rate stable where it is to "stimulate economic improvement"

[Raleighwood]

bump.....

 

People need to read this.....there is the misconception that only revaluing the currency will stimulate or improve the economy