Expert: Iraqi dinar is immune and will not vibrate when global economic crises

Expert: Iraqi dinar is immune and will not vibrate when global economic crises

Date: 09/20/2012 12:42:22 Thursday

Baghdad (news) .. Ruled out a financial expert on behalf of Jamil, a global economic crisis may damage the national economy and the local currency because it Mdaoman oil wealth and cash reserve large hard currency.
Jameel said (of the Agency news): The increase in production and export of Iraqi crude oil and higher oil prices in the global markets will support the national economy and make it strong and not affected by economic crises the world. pointed to: that the Iraqi dinar covered reserve large hard currency and there is data indicating the increasing demand for buying the Iraqi dinar in the markets of banking world, and this shows that the dinar began recovering and regaining placed between international currencies and regional. added: that Iraq has investment opportunities large and in which they can attract international companies to invest in within the country, giving support to the local currency by increasing demand for buying the Iraqi dinar in the markets banking Gulf. / end / 8. d. Q /
Source: ikhnews