***** The stability of the dinar exchange rate ... they are the central bank

Sunday 01 June 2014
| 09:42


Dealing in Iraqi dinars consumer goods is a simple Mayshm rising value of the Iraqi dinar to the U.S. dollar




The head of the Association of private banks, an economist Abdul-Aziz Hassoun, said the success of the central bank's measures seeking to stabilize the exchange rate of the Iraqi dinar against other currencies depends on the dollar cash deal to expand in the local market Aktrmen deal in Iraqi dinars.

He revealed Hassoun that achieving stability Iraqi dinar exchange rate is the main concern of the Central Bank of Iraq, asserting, that give a chance to allow the money transfer companies to buy dollar directly without the mediation of banking step needs to prevail dealing in dollars cash in the local market more than dealing in Iraqi dinars to increase the width of the dollar which leads to a lack of demand and increase
Demand for the Iraqi dinar.

He noted that the Central Bank sold over the past week more than / 300 / million in cash all came down to the market was the dollar more than the Iraqi dinar deal

Consumer goods is a simple Mayshm rising value of the Iraqi dinar to the U.S. dollar.



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