rockhound60 Posted August 27, 2011 Report Share Posted August 27, 2011 http://translate.googleusercontent.com/translate_c?act=url&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.almutmar.com/index.php%3Fid%3D201111964&usg=ALkJrhhdFxNl5iCK5hILfw2ToIMoc8uc7A 2 1 Link to comment Share on other sites More sharing options...
gatoraces Posted August 27, 2011 Report Share Posted August 27, 2011 they have articles like this all the time. they need to stop talking about what the CBI can do and actually do it Link to comment Share on other sites More sharing options...
dogtrainer55 Posted August 27, 2011 Report Share Posted August 27, 2011 Here: Economist: Central Bank of tools to install the exchange rate raised the inflation rate Baghdad / Conference The economic expert Dargham Muhammad Ali that the causes of rising inflation in recent years caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate with the lifting of the value of the dinar and maintain the stability of the market. Ali said in a study sent by (of the Agency news) said Thursday that the causes of rising inflation in the years latter caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate of Iraq and raise the value of the dinar and maintain the stability of the market in conjunction with government policies wrong in drawing tracks economic cross-rein shocks inflationary raised the rates of inflation. He explained that the rates of inflation growing, in recent months, a matter of return for the reasons non-cash, but for reasons of legislative and legal, by imposing some restrictions of imports and the imposition of customs on imported goods, leading to high rates of annual inflation to (6.5%) during the two months the last. He added that this rise worrying signal needs to processors shared between the government and the central bank without the need to change interest rates current as at acceptable rates, where the group must be at the exchange rate if Matovrt flexibility to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros by the Central Bank. He said that making the annual inflation rate ranges during the last year and the beginning within the limits of (3 and 4%) which is internationally accepted depending on the dinar exchange rate stable and the relative stability of legislation and income levels. The expert stressed the economic need to ensure increased support for basic food commodities through the ration card which factors as a whole will lead to the absorption rate of inflation in conjunction with the need to work to improve the country's energy as it adds an element of the local product and the cost of basic services, in addition to the need to pressure non-essential government expenditures in the operational side. Link to comment Share on other sites More sharing options...
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