CBI: put the Iraqi dinar began to improve in front of difficult international currency
He attributed the deputy governor of the Central Bank of the appearance of Mohammed Saleh reasons for the high price of gold on world markets to the economic crisis that swept Europe and America, which led to the devaluation of the dollar and the euro against other currencies.
Saleh said ‘the global crisis that hit Europe and America have made the demand for gold increases for taking as inventory reserves to keep the wealth, which led to increased price on the world markets with low value of the dollar. ‘
and explained that ‘put the Iraqi dinar began improving in front of the international currency difficult and will improve more during the coming period as a result of increased oil production, which will refund substantial financial resources of hard currency, which makes the country away from the global economic crisis’.