Central Bank follows the steps to maintain the balance of the dinar against the dollar .. and his work must not interfere 06/01/2012 PM - 1:31 p.m.

by supergirl Fri Jan 06, 2012 8:30 am

Attorney
Yasiri - Central Bank follows the steps to maintain the balance of the
dinar against the dollar .. and his work must not interfere

06/01/2012 PM - 1:31 p.m.

The member of the parliamentary Finance Committee MP / National
Alliance / Abdul-Hussein al-Yasiri not to the work of central bank
intervention in order to achieve high Precautions and strengthen the
Iraqi dinar in the market.

Yasiri said in a statement (for the Agency news) Friday: in order to
preserve the Iraqi dinar in the market for non-interference must be the
work of the Central Bank to increase reserves and this makes the local
economy to the rest of discreet states.

The Yasiri: The Central
Bank follows the steps to maintain the balance of the dinar and the
dollar through the auction in the bank by selling the dollar against the
dinar, and so have Satraly operation without interference effects.

It is noted that the cash reserve subject to conditions including the
outcome of the oil licensing rounds, which will hopefully be lifted and
Iraq's imports and that the financial policy of the central bank depends
on maintaining the stability of the currency exchange rate.

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