Parliamentary Finance: the continued rise in the dollar's exchange rate against the dinar worries

[yota691]

 

Parliamentary Finance: the continued rise in the dollar's exchange rate against the dinar worries

 

      Monday   16   March   2015 | 09:16

 

 

 

The implications of the rise of the local currency to be paid to the degradation and rising inflation and an increase prices in local markets

 

 

Qurtas News / Baghdad

Parliamentary Finance Committee on Monday expressed, concern about the continuing rise in the dollar's exchange rate against the dinar, while the central bank demanded to contain the market.

Said committee member Majda al-Tamimi's "Qurtas News" that "the recent mechanisms adopted by the Central Bank of Iraq, as well as witnessed by Iraq, economic and financial security situation is stable, the reasons may be behind the rise in the dollar's exchange rate against the dinar, and that this has been getting used to it in Iraqi market and rare lasts until he returns to normal. "

She Tamimi said, "What worries us today is the continued rise in the exchange rate for the dollar against the dinar, in addition to the lack of stability on a specific sale price despite the measures and facilities carried out by the Central Bank."

She drew Tamimi said that "the implications of the rise to be paid to the local currency degradation and rising inflation and an increase prices in the local markets, so it has to be from the central bank to take swift action to restore the dinar exchange and save it from deteriorating market and contain the rapid and full price."

 

[sandfly]

THANKS THEN RV IT WILL STOP

[Nelg]

Then act on the information.  Raise the value of the dinar!

[Saintsfan]

Thank you.Good morning.

[Big_J]

THANKS THEN RV IT WILL STOP

 

Then act on the information.  Raise the value of the dinar!

GM YOTA, SANDFLY , Nelg and DV. I AGREE, GIVE THEM PURCHASING POWER!

[idplzr]

I don't think they will do anything until after the deadline for the 50's. JMO

[gregp]

Push the button! Thanks.

[Texstorm]

Thanks Yota !....................................................... Come on Baby !             Like today please.

[SgtFuryUSCZ]

I don't think they will do anything until after the deadline for the 50's. JMO

***///

 

Pretty sound logic this....

[djgabrielie]

Then act on the information.  Raise the value of the dinar!

My Sentiments as well.

[RV4CandyMan]

Thanks for the post!  RV already! End the maddness!   

[Laid Back]

I think we are really close to end of this ride.!!

["Fred"]

I think we are really close to end of this ride.!!

LB,we all hope your right ,let's hope they end this madness "soon". Peace

[Officiallytook]

I'm loving Mondays!!!!

I don't give 2 (fill it in) this things going to pop...

Keep making those Iraqis(no slur here! I'm a nice guy, but that is the name of their country I.e. Americans British etc) use dinar, better for us in my op

[Markinsa]

Parliamentary Finance: the continued rise in the dollar's exchange rate against the dinar raises concerns

Wrote: March 16, 2015

Parliamentary Finance Committee expressed concern about the continuing rise in the dollar's exchange rate against the dinar, while the central bank demanded to contain the market.

 

Said committee member Majda al-Tamimi said the recent mechanisms adopted by the Central Bank of Iraq, as well as witnessed by Iraq, economic and financial security situation is stable, the reasons may be behind the rise in the dollar's exchange rate against the dinar, and that this has been getting used to it in the Iraqi market and rare lasts until due to normal. "

 

She Tamimi said, "What worries us today is the continued rise in the exchange rate for the dollar against the dinar, in addition to the lack of stability on a specific sale price despite the measures and facilities carried out by the Central Bank."

 

 

[Saintsfan]

Thank you.

[skrappyone]

De-peg from the USD and RI/RV........then you can see the real stable value.  The dollar is high right now 100.14, so the way I see it is that the Dinar staying at 1166 to the USD is a gain.  It's still the same value as when the USD was at .78.  So to me it has gained .22 cents per 1166.  Just the way I look at it tho, lol.  Keeps me optimistic.  

[MillieChatham]

Hurry with the HCL, take care of ISIS and Then there May be an RV!

[Freedomrules]

Nothing to worry about here. Good things are coming