This article is quit interesting---- Float possible Alamlh..hal

Author: Yasser incumbent

5/24/2015 0:00

Someone asked me for my opinion, whichever is the best for keeping his money in the currency dinar or converted into dollars? I can not find his answer seemed that the dinar is still okay, why these concerns? , Is it real or is it just fears or expectations?



The answer to these legitimate questions interpret economic phenomena and global variables, the citizen for his part looks at the effects of Hmaaltzbzb of caution and deal with it, eight of monetary policy by the central bank is still going on in their quest to maintain the exchange rate and Asagrarh Boabed derived confidence this from cash reserve force has and which It represents a strong bumper any effects at any time.

However, based on the concerns some expectations of wealth owners make decisions in a cycle calculation to how to proceed with their money under foggy causes volatility in oil prices, you are hoarding Aopalamlh national currency Alajnah or reinvested to purchase real estate or gold?

But it is puzzling that the cash reserve improved significantly as oil prices ranging from an increase of 20 to 50 cents and then decline for the same, may be to increase production one of the reasons improvement but that did not contribute to the stability of the exchange rates as it once was The question now: what way So?



Central Bank of his constant his attempts to ensure stability, has decided to increase the share of Atarcharkat banking and foreign transfers and reducing the length of time for the implementation of foreign remittances to increase the money supply of the dollar sales and will follow the impact of these measures, which require a response of these institutions in assist him to achieve monetary stability.

Eight decision to address the situation of private banks and to ensure the provision of liquidity through its launch trillion dinars to finance small projects where reliable activating the labor market and the speed of capital turnover and provide the liquidity needed for the sustainability of various economic activities.

Most importantly, the central bank in response to calls for the establishment of corporate loan guarantee aimed to restore confidence between banks and borrowers audience expectancy of all these measures, including re-stabilization of exchange and currency rates and then the economic market.

The question to what extent will respond banking companies and banks to the central bank's actions and contribute in achieving its objectives? Otherwise, what is required to do about the continuing some of the speculators keep clutter prices? Is that the solution is coming currency float or adopt a style of dollarization or is it that the Iraqi dinar will remain Massana we will continue to see his family.


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