The government is taking measures to raise the value of the dinar .. and manipulators Abadi vows at a price of dollar

by **Ponee** Thu Jun 18, 2015 10:51 am

The government is taking measures to raise the value of the dinar .. and manipulators Abadi vows at a price of dollar

BAGHDAD / long-Presse

The government is taking measures to raise the value of the dinar .. and manipulators Abadi vows at a price of dollar 490019

He attributed the economists, the reasons for rising dollar exchange rate against the dinar to the floundering economic policy and the neglect of the productive sectors in the country, while the parliamentary Finance confirmed that the authorities concerned have taken action to raise the value of the dinar package, Prime Minister Haider al-Abadi manipulators vowed dollar terms, and pointed to the existence of a conspiracy carried out by corrupters to influence the current situation.

Ebadi said in a press conference held at Baghdad airport before his departure to Tehran and I followed the "long", that "the Iraqi currency backed strongly, the central bank has large reserves that cover the Iraqi currency and a half times," noting that he "does not exist to fear for the Iraqi dinar."

He added Abadi, that "the government will strike with an iron fist manipulators at a price of dollar", adding that "there is manipulation and conspiracy occurred during the past few days by some who are hostile to Iraq and finance spoilers and trying to influence the current situation."

He stressed Abadi, that "Iraq locked in two wars First, with Daash and second against corruption and manipulators Bakot people ", calling on citizens to" be assured because the dinar Mahfouz and propped has a great economic power. "

He added that "Iraq has the capacity thing many of them the grace of oil and the grace of Iraqi capabilities are able to protect our wealth and our criticism."

For his part, Vice-President of the Federation of Iraqi businessmen on behalf of Anton said, in an interview to the (long-Presse), "The rise in the dollar exchange rate was caused by the fact that the amount raised by the central bank it is less than the market needs," adding that "the other factor is the proximity of Ramadan Solutions and increasing imports has led to high demand for the dollar, as well as the start of private banks to deal with the depositors have in that currency. "

said Anton, that those "banks Dollar calculated to its customers 1200 dinars, while the price in the market is 1420, making some speculators and traders currency and banking offices monopoly on the dollar, "noting that" Iraq neglected the productive sector, agriculture, industry and tourism, with a gap import nearly 75 billion dollars, which led to the depletion of large quantities of that currency. " For his part, economist said Hussein al-Asadi, said in an interview to the (long-Presse), "The decline of the dinar against the dollar, caused by two reasons. The first is strategic for Iraq's lack of economic policy are clear, and his fluctuating attitudes in this area in 2003 since until now," returned to "chaos and economic affected the financial policy of the country as well as monetary policy conducted by the central bank about good when the fall of the former regime, but instead of being the party responsible and in control of the monetary policy of the country and follow-up, turned into an auction to sell the dollar only. "

Asadi felt that the "Select parliament Bank Central to sell $ 75 million ceiling higher per day, represents a logical procedure due to lower world oil prices, especially that Iraq relies on oil for almost basis, "adding," But that amount is not enough to meet the needs of Iraq because it imports everything. "

He said al-Asadi, that "Iraq Golden stage did not invest when rising oil prices, because of corruption, whether financial administrative or played a major role in it, as well as the existence of mafias, which was formed after the year 2003 by the parties and the families had no knowledge of the economy and lack of patriotism. "

turn, said a member of the Parliamentary Finance Committee, Najiba Najib, in an interview to the (long-Presse), "The central bank and the Ministry of Finance and the concerned state met, Monday, (the 15th of June the current 2015), to discuss the high price of the dollar, and took a package decisions will be capable of supporting the value of the dinar, and reduce exchange rate Dollar interview. "

said Najib, that of "the most important of those decisions increase the width of the dollar in the market," indicating that this dish a day after the meeting, to feed the applications submitted for the purchase of the dollar by the companies, merchants and banks, as the central bank would accept any buy another request after that it restricts it. "

She continued by the Parliamentary Finance Committee, that "banks and the Central Bank they meet the secretariats of tax and customs of each request submitted by eight percent, what form the main reason for a rise of the dollar", Msttrdp that "the participants meeting decided to address that, where will the relevant departments, such as customs and tax it contributes down the dollar by about large. "

The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1,400 dinars to the dollar, compared to 1228 dinars to the dollar over the past week and 1,200 dinars to the dollar by the end of last year 2014 .

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