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Post by Guest Sat May 26, 2012 11:35 am

HOPE EVERYONE IS HAVING A GREAT MEMORIAL DAY WEEKEND SO FAR Smile


Mayahi: The Central Bank can make the dollar equivalent to 1000 dinars to the requirement to change its current policy


26-05-2012 | (Voice of Iraq) - Add a comment -
Baghdad (news)

According to a member of the Committee of Economy and investment on the mass of the Iraqi deputy White Mayahi Aziz, the central bank's ability to make one dollar is equal to (1000) Iraqi dinars, the requirement to change the current monetary policy, calling it "wrong" and need to re-examine them.
Mayahi said (of the Agency news) on Saturday: The central bank was able to reduce the value of the U.S. dollar against the Iraqi dinar exchange rate and make the equivalent of (1000) dinars, due to the presence of a large financial reserve estimated at more than (62) billion dollars.

He added that the current monetary policy pursued by the Central Bank "wrong" and need to be reconsidered, because the continuation of work out will harm the public money, especially in the recent period when it rose the value of the dollar significantly against the dinar because of the promotion of transactions and fake by speculators led to smuggle large hard currency abroad, laden with the responsibility of the Central Bank.

He pointed out: that the central bank governor has promised to reduce the exchange rate of the dollar against the dinar after (6) months from now to make one U.S. dollar is equivalent to (1000) dinars, when it was hosted by the Economic Commission representative, pointing out that the process is not Balsabh and can be achieved.

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D58099&usg=ALkJrhiN7h4gK6vQuR4ekADiERd0zQ6liQ#axzz1vxp0EXe6

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Post by Kevind53 Sat May 26, 2012 11:55 am

One man's opinion ... I found the news to be very contradictory today ... things must be heating up cause there sure seemed to be a lot of smoke.... Rolling Eyes

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C.B.I. ; DINAR ; IRAQ Empty Re: C.B.I. ; DINAR ; IRAQ

Post by Guest Sat May 26, 2012 12:13 pm

Kevind53 wrote:One man's opinion ... I found the news to be very contradictory today ... things must be heating up cause there sure seemed to be a lot of smoke.... Rolling Eyes

Kevin you are brilliant...you wanna know why...I was thinking the same thing Wink

COME RV bigsmile

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