Prompt the central bank lowers the value of the dinar against the dollar by 1.37%

History of edits:: 2015/12/21 12:20

[Baghdad-where]

Central Bank of Iraq announced the reduced value of the dinar against the US dollar.

According to a statement of the bank received by the agency all of Iraq [where] a copy of it, that "lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars."

The statement noted banks and the conversion of financial, investment and banking offices that "the exchange rate by international standards is still under study and will report results if completed, knowing that he has changed the base rate of the US dollar against the Iraqi dinar by the bank to the [1182] dinars per dollar." .

The bank was selling dollars at 1166 dinars, it reported statistically the bank sold more than $ 42 billion in the auction of the currency since the beginning of this year until last Wednesday.
The Governor of the Central Bank and the Agency on the Keywords announced in 20 of the month of November last that the bank reserves of foreign exchange of 60 billion dollars, "adding that" enough for six months, "noting that" the Central Bank is working on the application of parallel policy to maintain the overall stability of prices and curb inflation, ".anthy

http://www.alliraqnews.com/modules/news/article.php?storyid=24743

Central Bank lowers the value of the Iraqi dinar against the dollar
December 21, 2015


Our economy / Baghdad

The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar.

According to a statement of the bank "agency of our economy" it has received a copy of it, that "raise selling the US dollar to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars."

The statement noted banks and the conversion of financial, investment and banking offices that "the exchange rate by international standards is still under study and will report results if completed, knowing that he has changed the base rate of the US dollar against the Iraqi dinar by the Bank to the (1182) dinars per dollar. "

The bank was selling dollars at 1166 dinars, it reported statistically the bank sold more than $ 42 billion in the auction of the currency since the beginning of this year until last Wednesday.


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Central bank: We took a measure to reduce the value of the dinar against the dollar

BAGHDAD - Iraq Press - December 21 / December: The Central Bank of Iraq, on Monday, in a statement, taken hold is the lifting of US dollar selling to banks and exchange companies rate by 16 dinars and by 1.37 percent to 1182 dinars to the dollar. "

The statement continued that "scheduled, a reduction of the value of the dinar against the US dollar", pointing out that he "told the banks and the conversion of financial, investment and banking offices that exchange rate by international standards is still under study and will report results if completed,".

He concluded by saying, "I have been to change the base rate of the US dollar against the Iraqi dinar to up to 1182 dinars per dollar," adding, "It was selling dollars at 1166 dinars, through its daily auction where it was selling more than $ 42 billion since the beginning of this year and up to last Wednesday. " Ended O.h

http://www.iraqpressagency.com/?p=176099&lang=ar

Deputy: the devaluation of the dinar would adversely affect the low-income and poor classes

History of edits:: 2015/12/21 14:50

[Baghdad - where]

Deputy for the National Alliance, said the central bank's decision to reduce the value of the dinar by 1.3% will saddle the citizens and put pressure on their standard of living and in particular the owners of low-income and poor people.

And between Abdul-Hussein al-Musawi said in a statement received by the agency all of Iraq [where] a copy of "first had to think about alternatives to distract us from this result, which will increase the suffering of the disadvantaged classes and low-income people, such as pressing the unnecessary expenditure and activate regulatory mechanisms to meet the corruption and waste of public money and inquire outlets and about the fate of non-oil revenues that have been actually Asthsalha citizen of resources, such as fees, and take the public sector selling products, ministries and profits, and taxes but absent presence in the budget items as a supporter of its revenue. "

"The investigation and audit in the fate of those revenues that carry adhered to the citizen without to have a role in the consolidation of the budget is required and necessary, noting that" the cooperation of the executive and supervisory authorities in the detection of destiny will provide convenient alternatives to enrich us all make decisions increase the suffering of the people of our patient. "

The Central Bank of Iraq announced the reduced value of the dinar against the US dollar.
According to a statement of the bank received [where] a copy of it, that "raise selling the US dollar to banks and exchange companies rate by 16 dinars, or 1.37 percent, to 1182 dinars" .anthy

http://www.alliraqnews.com/modules/news/article.php?storyid=24780