Financial Expert: It's hard to raise central bank sales of the dollar

[yota691]

Financial Expert: It's hard to raise central bank sales of the dollar

 

 

Economy News / special Saw financial expert Mounir Fahmy, it is difficult to raise the central bank sales of the dollar, due to the vulnerability of oil revenues. Fahmy said in an interview for "Economy News", it can not eliminate the lower central bank sales due to the latter's dependence on oil as the sole source of the dollar, indicating that the price of the dollar at the central bank is affected by the proceeds of the sale of oil. He added that the government should stop selling the dollar only documentary credits, confirming that the request for the dollar is higher than the proportion was introduced, which leads to a significant scarcity money dollar. It is noteworthy that the central bank sales vary from time to time significantly. AJ
Views 65   Date Added 25/04/2016 - 22:37   Last updated 26/04/2016 - 09:49   No. Content 3176

[Big_J]

5 hours ago, yota691 said:

He added that the government should stop selling the dollar only documentary credits, confirming that the request for the dollar is higher than the proportion was introduced, which leads to a significant scarcity

GM YOTA AND DV.

[ronscarpa]

Thanks Yota...! 

[TQueezy]

Yes, please stop selling the dollar.