Latest topics
Central Bank of "Nass": The value of the Iraqi dinar increased by 9% .. These are reasons for the stability of the exchange rate
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Central Bank of "Nass": The value of the Iraqi dinar increased by 9% .. These are reasons for the stability of the exchange rate
https://www.nasnews.com/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%84%D9%80-%D9%86%D8%A7%D8%B3-%D9%82%D9%8A%D9%85%D8%A9-%D8%A7%D9%84%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9/
Tuesday 20 November 2018
[rtl]Baghdad - Nas[/rtl]
[rtl]The Central Bank of Iraq announced on Monday the appreciation of the Iraqi dinar against foreign currencies and the stability of the exchange rate of the local currency against the dollar.[/rtl]
[rtl]"The market, for the first time since 2004, is witnessing stability in the exchange rate of the Iraqi dinar against the dollar, due to the success of fiscal policy," said Mahmoud Dagher, director of financial operations and external debt, in an exclusive interview with NAS today (November 20, 2018). The Central Bank of 2017 and 2018, where the market gap between the official exchange rate and other exchange rates, which were up by 8%.[/rtl]
[rtl]
[/rtl]
[rtl]Dagher pointed out that the importance of the stability of the dollar exchange rate in a country like Iraq affects the purchasing power factor, noting that "while the currencies of neighboring countries have collapsed, the Iraqi currency has increased by 9% compared to previous years, Income of the Iraqi individual. "[/rtl]
[rtl]"The main problem is how we can stimulate the two main sectors, agriculture and industry, which monetary policy can not achieve without coordination with fiscal policy," Dagher said.[/rtl]
[rtl]
[/rtl]
[size=30]Central Bank of "Nass": The value of the Iraqi dinar increased by 9% .. These are reasons for the stability of the exchange rate[/size]
Tuesday 20 November 2018
[rtl]Baghdad - Nas[/rtl]
[rtl]The Central Bank of Iraq announced on Monday the appreciation of the Iraqi dinar against foreign currencies and the stability of the exchange rate of the local currency against the dollar.[/rtl]
[rtl]"The market, for the first time since 2004, is witnessing stability in the exchange rate of the Iraqi dinar against the dollar, due to the success of fiscal policy," said Mahmoud Dagher, director of financial operations and external debt, in an exclusive interview with NAS today (November 20, 2018). The Central Bank of 2017 and 2018, where the market gap between the official exchange rate and other exchange rates, which were up by 8%.[/rtl]
[rtl]
[/rtl]
[rtl]Dagher pointed out that the importance of the stability of the dollar exchange rate in a country like Iraq affects the purchasing power factor, noting that "while the currencies of neighboring countries have collapsed, the Iraqi currency has increased by 9% compared to previous years, Income of the Iraqi individual. "[/rtl]
[rtl]"The main problem is how we can stimulate the two main sectors, agriculture and industry, which monetary policy can not achieve without coordination with fiscal policy," Dagher said.[/rtl]
[rtl]
[/rtl]
[size=20][rtl]Dagher spoke about the protection that the state must provide for Iraqi industry and agriculture and the border control with neighboring countries. He said that industrial loans face a problem that requires border control to protect loans and industrial projects because the imported goods compete with the local product and this is not because of the best quality, but the use of neighboring countries, Floating cash at a time when Iraq uses the fixed exchange rate of the dollar, which makes the imported product low price for national products.[/rtl]
[/size]
[/size]
[size=22]Keywords:
[/size]
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Today at 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej