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Economist: the decision to reduce the amount of dollar selling should be studied well before taken

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Economist: the decision to reduce the amount of dollar selling should be studied well before taken Empty Economist: the decision to reduce the amount of dollar selling should be studied well before taken

Post  Admin Sat Jul 13, 2013 7:26 am

13-07-2013 01:41 PM


Baghdad (news) .. Called economic expert Majid picture, to study a proposal by the Institute of economic reform and the judge to reduce the U.S. dollar for the stability of the Iraqi dinar well before its adoption.

He said the picture (of the Agency news): The process of reducing the dollar stands in front of a lot of economic and financial factors, in addition to the purchasing power of the dinar against other currencies, indicating this should be taught proposed an integrated manner before its adoption.

He added: reducing the decision to sell the dollar for the stability of the dinar to not dependent on the willingness of many politicians and their proposals, but rather depends on a sound and thoughtful decision taking in view of all the circumstances and requirements of security and political and economic surroundings.

It is noted that there are solutions short-term and long-term to reduce the fluctuation of exchange rate of the dinar against the dollar and the most important of these solutions reduce pumping dollars through cash sales at the central bank auction, along with the adoption of increased foreign remittances. / End / 5. H. P /


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