Decision of the Economic Committee: Iraqi dinar will regain its natural and its price will reach to the (1166) to the dollar

Decision of the Economic Committee: Iraqi dinar will regain its natural and its price will reach to the (1166) to the dollar



Posted: April 25, 2012


On: Wednesday 04/25/2012 11:05

Baghdad (news) .. Expected decision of the Committee of Economic
parliamentary deputy / Kurdish coalition blocs / Mahma Khalilzad, the
restoration of the Iraqi dinar and normal in the coming period, after
the necessary measures taken by the monetary policy to fetch up to
(1166) dinars to the dollar.

Khalil (of the Agency news) Wednesday: The monetary policy of Iraq
and of the Central Bank has taken necessary measures for the return of
Iraqi dinar to normal and stabilize at a certain price to the U.S.
dollar, because the continued increase in the exchange rate of the
dollar against the dinar will lead to economic problems, such as
increased prices in local markets and high rates of inflation in the the
country.

said MP Khalil: We have asked the central bank and the federal
government to take the necessary measures needed to save the currency of
Iraq from deteriorating in front of hard currency, Calcetrh on the
process of currency smuggling to neighboring countries, or take
scientific methods to sell foreign currency at an auction in the
central, expressing optimism about the return of Iraqi dinar to normal
to settle on the price of (1166) dinars for one dollar.

this and see the U.S. dollar has increased significantly and is
preceded by its value against the Iraqi dinar, with an exchange rate of
one U.S. dollar (1300) Iraqi dinars, after he was conservative on the price for a long time (b 1170) dinars to one dollar,
which was born out of fear of a major economic circles constantly
increase its price and its direct impact on the Iraqi economy.