Are Iraqi's paying for the price rise in the dollar price? -- With Video

by **Ponee** Thu Feb 05, 2015 9:36 am

Sudden rise in prices of the dollar against the dinar, attributed by economists to increase demand by the banking companies following the decisions taken by the central bank to cut the quantities sold by the dollar in daily Mzhadath.

In this context, Saif al-Ghanemi, an economist: "the central bank said the share Wali Jan displays daily public auction was $ 250 million Qlsa to $ 50 million a day, and this reduction has led to destabilize the Iraqi citizen's confidence so Khalah lose confidence in Iraqi dinars. "

in the country imports most of their basic needs, is the decline or rise in foreign currency rates, an influential factor in the activity Economic Iraqis pan, and this is what really happened.

He says the owner to sell electrical appliances shop: "The first and the next citizen is offended that I'd trader vinegar becomes 130 but against the citizen is The injured."

He adds the owner to sell electric Apparatuses shop "selling less than ascended the dollar and most of to sell us on the employees and of the dollar means difficult teams to inform citizens Talaalh 300 teams, 400 000 ".

The cast fluctuating dollar exchange rates, negative consequences on the market movement, especially with the drop in oil prices and its impact directly on the government's support for commercial and industrial sectors.

Sudden rise in prices of the dollar against the dinar, attributed by economists to increase demand by the banking companies following the decisions taken by the central bank to cut the quantities sold by the dollar in daily Mzhadath. In this context, Saif al-Ghanemi, an economist: "the central bank said the share Wali Jan displays daily public auction was $ 250 million Qlsa to $ 50 million a day, and this reduction has led to destabilize the Iraqi citizen's confidence so Khalah lose confidence in Iraqi dinars. "

In the country's most basic needs are imported, is the decline or rise in foreign currency rates, a factor in economic activity Iraqis pan, and this is what really happened. He says the owner to sell electrical appliances shop: "The first and the next citizen is offended that I'd trader vinegar becomes 130 but in return citizen is The injured. " He adds the owner to sell electric Apparatuses shop: "selling less than ascended the dollar and most sell us on the employees and the difficult dollar means seen teams Talaalh citizens 300 teams, 400 000." The cast fluctuation dollar exchange rates, negative consequences on movement of the market especially with the drop in oil prices and its impact directly on the government's support for commercial and industrial sectors. You can watch the video report above. http://tinyurl.com/mkqdnfv