Iraqi Dinar
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Post  Admin Sat Feb 07, 2015 7:52 am

2/7/2015 0:00

  BAGHDAD - morning


  Economic researcher called state just to support the exchange rate of the dinar against the dollar over the insider only in local currency and away from the dollarization of the market because of the negative impact on the economy.

Adel said in a statement the "morning" is necessary to restore public confidence in the local currency, which has a lid large reserves of gold and foreign currency, and not underestimate the value to any other currency.

And stressed the need to restrict the dollar only in foreign trade and the expansion of local deal of money in transactions of internal trade between provinces or daily direct dealings in the market between citizens and shopkeepers.

She stressed that the continuation of dollarization in Iraq harm the reputation of the dinar as much as would maintain public confidence destabilizing dinar to a large extent, indicating the need for attention to this subject by regulatory agencies and educate citizens not to be dragged into what is floating currency.


http://www.alsabaah.iq/ArticleShow.aspx?ID=86213

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