Record high of the Iraqi dinar against the dollar

[yota691]

Record high of the Iraqi dinar against the dollar
Economic
 Since 05/03/2015 20:36 pm (Baghdad time)

Baghdad scales News
Iraqi currency market volatile returns of the benchmark high for the value of the US dollar, with the central bank policies aimed to reduce the sale of the dollar in the public auction, and speculation in the dinar witnessed recently.
"The dollar exchange rate against the Iraqi dinar has also seen a sudden rise is the highest of its kind in two years than a thousand and two hundred dinars to about three hundred thousand dinars, the exchange rate to cast a negative shadow on the new Iraqi market transactions."
He was behind "this rise for many reasons, including the current year's budget law which reduced the dollar selling by the Central Bank of Iraq, the last and the development of new mechanisms for sale through the auction, and also for asylum speculators in the Iraqi currency market to raise prices as well as the security and political unrest in the country ".
Financial experts said that "the rise of the dollar the country has experienced in recent times just a bubble caused by the return of speculation, as they expect to recover the dinar recovered in the near-term rise in oil prices globally," .anthy 29 / d 25

 

Record high of the Iraqi dinar against the dollar

 

      Sunday   03   May   2015 | 19:51

 

 

 

 

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Iraqi currency

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Iraqi currency market volatile returns standard high for the value of the US dollar , with the central bank policies aimed to reduce the sale of the dollar in the auction public, and speculation that witnessed the dinar recently. also saw the dollar against the Iraqi dinar sudden rise is the highest of its kind in two years thousand and two hundred dinars to about a thousand and three hundred dinars, the cast of the new exchange rate negative shadow over the Iraqi market dealings. He was behind the rise for many reasons, including the current year's budget law which reduced the dollar selling by the Central Bank of Iraq, the last and the development of new mechanisms for sale by auction public, and also for asylum speculators in the Iraqi currency market to raise prices as well as the security and political unrest in the country. He said Financial experts The rising dollar the country has experienced in recent times just a bubble caused by the return of speculation, as they expect to recover the dinar recovered in the near-term rise in oil prices globally.

[jg1]

  1200 - 1300 dinars to the dollar market rate, Its going the wrong way.

Edited May 3, 2015 by jg1

[jeepguy]

jg1   with  the  values at 1200  or so  it is . 25  against the dollar  ?  I am lost ,  I have just  made  quick  pop in checks  and  look at articles  ,  so  I am for  the  2nd  time I guess out of the loop as too where  the dinar  actually stands .....   {  I do hope  this  will be  the  turn tide ,  for the  fast pace  value to hit 1 too 1 }     and hello too all the dinar  folks ....    good too know every one  !    

[TQueezy]

CBI holding on as long as possible before revealing their master plan, or just implementing it and never really telling anyone.

Could it be the RV we are all dreaming about? It's not over until the fat clown squeals.

[Nelg]

Hello, "jeepguy" glad you're beeping around.  

[Nelg]

The rise in the dinar is downright depressing!  I 'm not going to be hopping until it at least hits .10 to .20 cents.  Them I'm going to pout a little, stick my head in a pillow and scream, throw the copies (which I hate) out into the street, and shoot the ground squirrel who has been encouraging the rat to eat all the bird seed I put out for happier days!  

Now, with that being said, why is this such a big deal.  Just trying to get the dinar back to normal.  Isn't that what they have been saying? 

[Laid Back]

Dollar is king in Iraq.

No one wants a devalued dinar with no purchasing power.

I believe the plan is:

Dollarize the economy ....... Increase the dinar exchange rate $1:1 or higher ....... De-dollarize the economy.

Just my opinion.!

Go Iraq

Go CBI

Go dinar

Go $1+

[Calijim1]

Hey LB I want you to be right about this in the worst way.

[elgin]

Thanks YOTA,

 

                             I can't help but to feel bad for the people that has to exchange their hard earned moneys at that inflated rate..   

[yota691]

Economic specialist: Determine the dollar selling in the local market behind the persistence of high oil prices

04/05/2015 10:27 | Number of Views: 228

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BAGHDAD / Source News / .. attributed competent in economic affairs Maitham coffee, Monday, continued high price of the dollar against the Iraqi dinar for the continuation of the government's decision and determine validity of Parliament to sell it.

 

The coffee in a press statement I followed Agency / Source News /, that "the dollar price rises due to the continuing resolution the government and parliament determine validity sell it, despite the fact that the central bank exceeded this decision, but he does not sell openly as before."

 

"The pessimistic expectations are another important reason to speculate it, because there is a cash preference dollarised instead of continuing to accept the dinar as a store of value, which led to the continuation of its high price."

 

He noted that "Other decisions, such as the imposition of a tax on every dollar is being converted to the outside, through the banking system also contributed to the price hikes and the continued rise in the dollar exchange rate."

 

Experiencing banking offices and its rise is a precondition price of the dollar against the dinar despite recent central bank action now to continue to rise is still valid. / Q ended

[k98nights]

 

05/04/2015 06:57 GMT

  Iraqi dinar recent rise against the dollar

 Follow-up - and babysit -witnessing the Iraqi currency market turmoil back to the standard high for the value of the US dollar, with the central bank policies aimed to reduce the sale of the dollar in the public auction, and speculation in the dinar witnessed recently.

 

 

And it saw the dollar against the Iraqi dinar sudden rise is the highest of its kind in two years than a thousand and two hundred dinars to about three hundred thousand dinars, the cast of the new exchange rate negative shadow over the Iraqi market trading.

 

He was behind the rise for many reasons, including the current year budget, which reduced the dollar selling by the Central Bank of Iraq Law, the last and the development of new mechanisms for sale through the auction, and also for asylum speculators in the Iraqi currency market to raise prices as well as the security and political unrest in the country.

 

Financial experts said that the rise in the dollar the country has experienced in recent times just a bubble caused by the return of speculation, as they expect to recover the dinar recovered in the near-term rise in global oil prices.

 

http://www.alrayy.com/140865.htm