Parliamentary Finance outweigh lower demand for the dollar with a new currency issuance

[yota691]

Parliamentary Finance outweigh lower demand for the dollar with a new currency issuance

Author: Publisheron: June 2, 2015In: economyViews: 51 views

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - the parliamentary finance committee suggested reduced demand for the dollar in the Iraqi market with the release of the new category of the local currency, noting that the central bank reduced sales led to increased demand and lifted the dollar exchange rate against the dinar.

Central Bank of Iraq and the process and intends to issue new paper from the category of 50 thousand dinars and 100 thousand dinars not to grudge measures aimed to revive the local market chain.

The committee member said Jabbar Abdul-Khaliq's (IMN) "The forecasts indicate lower demand for the dollar in the domestic market with the start of trading the new category of local currency," adding that "the growing demand for the dollar has caused a decline in the dinar exchange rate."

Abdul-Khaliq said that "the increasing demand for the dollar with reducing the supply of it in accordance with procedures and instructions of the Central Bank of the federal budget caused by increasing dollar exchange rates against the Iraqi dinar."

He said the Central Bank of Iraq last Saturday, he said that the 18 banks they started the adoption of a fixed selling price per dollar B1193 dinars in order to re-stabilize the exchange rate in the domestic market.

And I saw the Iraqi dinar exchange rate against the dollar decline after the record per dollar exchange rate 1330 dinars over the past two weeks.

 

[sandfly]

LIFTED THE RATE THANKS

[yota691]

Parliamentary Finance outweigh lower demand for the dollar with a new currency issuance

06/02/2015 11:47

The parliamentary finance committee suggested reduced demand for the dollar in the Iraqi market with the release of the new category of the local currency, noting that reducing the central bank sales led to increased demand and lifted the dollar exchange rate against the dinar. Central Bank of Iraq and intends to issue the process of new paper from the category of 50 thousand dinars and 100 thousand dinars not to grudge a series of measures designed to revive the domestic market. The committee member said Jabbar Abdul-Khaliq's (IMN) "The projections show a decrease in demand for the dollar in the domestic market with the start of trading the new category of local currency," adding that "demand growing the dollar has caused a decline in the dinar exchange rate. " Abdul-Khaliq said that "the increasing demand for the dollar with reducing the supply of it according to the procedures of the Central Bank and the instructions of the federal budget caused by increasing dollar exchange rates against the Iraqi dinar." He said the Central Bank of Iraq last Saturday, that 18 banks started the adoption of a fixed selling price per dollar B1193 dinars in order to re-stabilize the exchange rate in the domestic market. saw the Iraqi dinar exchange rate against the dollar declined after the dollar exchange rate per record in 1330 dinars over the past two weeks.

[tlars brother]

reducing demand on the dollar by issuing currency that is worth less that the current 25k note.  People, use your brain.  That is nonsense.  More BS misinformation.

["Fred"]

Wish I had a large stack of those $100 bills,probably wouldn't be on this job site now hiding from the boss.

[2fast4u2c]

We are either real close or not in the same zip code....

[WheresmyRV?]

Wish I had a large stack of those $100 bills,probably wouldn't be on this job site now hiding from the boss.

I hear ya Fred, same here lol.

[blueskyline]

Wish I had a large stack of those $100 bills,probably wouldn't be on this job site now hiding from the boss.

May your wish come true after we exchange . Its a GOOD wish ....

["Fred"]

I hear ya Fred, same here lol.

I've got a stack of bills but they all say "past due" "over due" on them lol

May your wish come true after we exchange . Its a GOOD wish ....

I hope it comes true for all of us someday soon my friend. God bless

[Laid Back]

People will continue using the dollar until the CBI increase the dinar exchange rate close or equal to the dollar.!

I don't believe in the 50k, 100k notes.!

[Candy01]

A HUGE DITTO, WheresmyRV?!!

 

[k98nights]

People will continue using the dollar until the CBI increase the dinar exchange rate close or equal to the dollar.!

I don't believe in the 50k, 100k notes.!

 

Bring the RV!!

[Freedomrules]

Please please pretty please. My Time is running out. I can't find a donor here in the good ole USA but I can pay for one abroad