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Adoption of local currencies in the Indian Iraqi dealings

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Adoption of local currencies in the Indian Iraqi dealings Empty Adoption of local currencies in the Indian Iraqi dealings

Post  Admin Mon Aug 26, 2013 7:21 pm

08/27/2013 12:00 AM

BAGHDAD - morning
A member of the Finance Committee praised the MP Dler capable, Bembagesat the Iraqi and Indian sides to agree on a transaction to be economic and trade of the two countries in local currencies, stressing that it would support the value of the dinar and make it desirable internationally.

He is capable in a press statement that talks of the Iraqi delegation headed by Prime Minister Nuri al-Maliki and a group of ministers and economists, with the Indian side on accreditation in business dealings between the two countries on local currencies and not the dollar and this measure will support the value of the dinar and improves positioned internationally.

He added: that the Iraqi dinar is strong and covered with reserves of large foreign currency and gold, especially during the recent period improved the dinar exchange rate and significantly against the dollar, making the nations economic as large as India reserves the Iraqi dinar and treat it, it is an indicator of economic well for the Iraqi dinar.



This was confirmed by the Minister of Indian Iraqi sides and Indian Tbagesoa about strengthening bilateral economic relations, and the possibility of the adoption of the Iraqi local currencies and Indian business dealings of the two countries instead of the U.S. dollar.


http://www.alsabaah.iq/ArticleShow.aspx?ID=52851

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