Interesting piece.....Who determines the value of the dinar exchange market or central bank beautiful and Shorja?! Hashim al-Musawi

Saturday, July 20, 2013

Pat Iraqi citizen in concern due to the instability of the value of the dinar against the U.S. dollar in particular dealers in the market, despite assurances from the central bank on the strength of the Iraqi currency.

 And that we see today that the talk does no good theoretical and the victim is always the Iraqi citizen.

 Bank confirms that the policy summarized maintain the exchange rate of the dinar against the dollar, and that the operations of the decline in the value of the dinar caused by a defect in the exchange, and accused the regional countries working on Khalkhh the Iraqi economy to offload its market of its financial strength and the corridors of free trade in Iraq is becoming the means adopted to sabotage the economy.

 On the other hand, we find that the statements of the Finance Committee and parliamentary government officials confirm that the regional situation is one of the reasons for the instability of the value of the dinar.

 In front of those words and assurances that the central bank sees the citizen through his experience and his dealings with the dollar that influential in the market (beautiful and Shorja), most of them politicians or who run their business on their behalf, are the ones who control the value of the dinar and the current crisis between politicians is one of the factors in the swing value cashed Although of sale Atarmen auctions by the central bank that acquires it private banks associated with these politicians in order to collect the dollar and savings for the implementation of political agendas.

 The last joke announce politicians that the exchange rate of foreign currency against the local currency will stabilize in the month of Ramadan because food Chiraly decline in their and the month of Ramadan in the summer and differs from winter to provide agricultural products and fruit in Iraq, leading to the lack of rising food prices significantly , in addition to the Advertising Department of Commerce for providing citizens with extra rations to the ration card items, has stopped a little bit of high food, but merchants and influential in the market cautiously Stay tuned for truth claims of the Ministry of Commerce and is it actually able to provide the citizens?

 We have started approaching the end of the first third of the month of Ramadan and a large number of families did not receive the promised quota.

 We look to the Ministry of Commerce to fulfill their promises this time and received quotas in a timely manner in order to prevent traders and Almentvven of food monopoly and raise the price.

 Believe that the exchange Asagrar of the dinar against the dollar is no longer, however, the Central Bank of practice, but through a political agreement in the Shorja market and beautiful when you share the spoils among themselves.

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