Dinar Iraq News
Dinar Iraq News : Finance Committee- Calls on CBI to take 3
steps to maintain Iraq Dinar exchange rate; Steps will make exchange rate less
volatile to buying/selling in auction
Posted: July 2, 2013
FINANCE FOR PARLIAMENTARY “AWAN”: THE 3 STEPS TO MAINTAIN THE DINAR EXCHANGE RATE OF THE IRAQI DINAR .. IN THE FOREFRONT OF BLOCKING
MEDIATORS
Called on the Finance
Committee in the House of Representatives of the Central Bank to take 3
important steps to maintain Iraqi Srvaldanar rate against the U.S.
dollar, stressing the need to block the work of intermediaries between
buyers and selling auction.
A member of the Finance Committee, Abdul Hussein al-Yasiri told the “Awan” that “the
central bank work very hard during the last period in order to reduce
the price of the dollar against the Iraqi dinar has achieved good
results,” adding that “these measures are still below the level of
ambition and there must be continue the efforts in order to proceed to
raise the price of the dinar to the fullest, especially that Iraq is on
the verge of good economic stage after coming out of the provisions of
Chapter VII. “
He suggested Yasiri, MP for the coalition of state law, that “adopt
management Central Bank 3 steps to preserve the Iraqi market and support
the price of the dinar,” noting that “there must be organizing more and
structural work of an auction sale of the dollar and an end to all
kinds of random devilishly.”
He went on to “the need for there to be lifted to buy hard currency restrictions because we are moving to a market economy.”
He Yasiri saying that “the most important step will be to prevent the
work of mediators between the auction sale and the buyer,” returned
“the work of mediators breach of the law, those put extra money on the
price of the dollar leads to rise significantly, which happened two
months ago when he saw the Iraqi dinar declined unusual front hard
currency. “
source http://www.awaniq.com
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