Financial expert expected stability of the exchange rate of the dinar against the dollar (1189)

Date: 29/10/2012 08:44:08 Monday



Baghdad (news) .. Expected financial Habeer cute Abdul Salem Ugaili, the central bank's ability to reduce the value of the U.S. dollar against the Iraqi dinar in the coming period, stable price (1189) dinars.

And Zkralekala in a statement (of the Agency news): The central bank strives to reduce the value of the dollar against the dinar more during the coming period, and possibly up to the price (1189), which aspires to him central, and maintain the stability of the dinar.

And between: the price of the dollar against the dinar during the past six months non Mstqrhh, it swings between high and low, indicating that monetary policy in the country is facing major challenges.

Ugaili confirmed: that the central bank has proven its success and its ability to maintain the value of the national currency in lost these pressures.


The central bank allowed for (25) private banks to sell the dollar according to certain controls, and gives each bank weekly million (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit banks (10), JD to create a balance between the amount of currency displayed and the size of the growing demand to maintain the value of the dinar against the dollar.


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