Economist: crisis regions of the dollar and the euro will not affect the value of the Iraqi dinar
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Economist: crisis regions of the dollar and the euro will not affect the value of the Iraqi dinar
Date: 02/01/2013 11:46:38 Friday
Baghdad (news) .. Ruled out economic expert Abdul Sattar al-Hashemi, influenced by the exchange rate of the Iraqi dinar fluctuations in global markets in America and Europe.
Hashemi said (of the Agency news): The Iraqi dinar is immune from the global economic crisis will not be affected because it covered with large cash liquidity of hard currency that exceed (70) billion U.S. dollars.
He added: that the exchange rate of the dinar began improving and recovering from what it was in the past, especially after the necessary procedures and necessary taken by the central bank on how to balance market in dollar amounts raised through the auction sale of hard currency.
He continued: as well as making a new policy to keep gold and this is what would be a safe haven to keep the money and to support the Iraqi dinar.
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