######Central announces its intention to take decisions in order to achieve stability of the exchange rates of foreign currencies

BankIraq BAGHDAD / obelisk: CBI said, Thursday, he was in the process of implementing a number of decisions aimed at stabilizing the foreign currency exchange rates, stressing that responsible for maintaining this stability commensurate with concern for the stability of the dinar exchange rate according to data of the Iraqi economy.



The bank said in a statement obtained by "obelisk", a copy of which he was "closely following the changes in exchange rates in the domestic market and the high price of foreign currency in the secondary markets in Iraq regardless of the reasons for these changes and sources and intentions manipulated, the Bank remains is responsible for stability and commensurate with concern for the stability of the dinar exchange rate according to the data of the Iraqi economy. "



He Bank to as "the process of implementing a number of decisions taken by the Board of Directors, which aims to achieve this stability," adding that resort to making these decisions comes "in order not exposed stakeholders real and legitimate business investors to damage can cause بنشاطهم economic by the expected change of prices for what is prevalent in the past few days. "



Experiencing the Iraqi market since the fluctuation in the exchange rate of the Iraqi dinar against the U.S. dollar, recording an increase on the price set by the Central Bank of Iraq, while Economists attributed the rise in the price of the dollar against the dinar to the increasing demand for it.


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