Economist: expansion of trade led to the fluctuation rate of the dinar against the dollar

Admin Thu Jul 11, 2013 10:10 am


[ltr]11-07-2013 11:51 AM[/ltr]

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Economist: expansion of trade led to the fluctuation rate of the dinar against the dollar Image

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Baghdad (news) ... Refer economic expert Maytham Laibi, fluctuation of the exchange rate of the Iraqi dinar against the U.S. dollar to change the policy of the Central Bank from time to time.

And said Laibi to the Agency news): The previous period witnessed a fluctuation in the price of the dinar because of the change in central bank policy from time to time, indicating the stability of the exchange rate during the current period.

He continued: The reasons for this volatility also import a lot of goods and purchasing power in dollars, adding that Iraq would emerge from Chapter VII led to increase the proportion of import and the arrival of several ships to the ports of various countries Maady the increased demand for the dollar.

And witnessing the exchange rate of the Iraqi dinar against the U.S. dollar fluctuated from time to time attributed the economists that to many things are unstable political central bank cash and to political differences that appear from time to time in the political arena. /

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