Central bank to cut the value of the U.S. dollar against the Iraqi dinar
Financial expert expected stability of the exchange rate of the dinar against the dollar (1189)
Date: 29/10/2012 08:44:08 Monday
Baghdad (news) .. Expected Habeer financial cute Abdul Salem Ugaili, ability central bank to cut the value of the U.S. dollar against the Iraqi dinar during the coming period, stable rate (1189) dinars.
and Zkralekala in a statement (of the Agency news): The central bank strives to reduce the value of the dollar against the dinar is more during the coming period, and possibly up to the price (1189), which aspires to him central, and maintain the stability of the dinar. Between: The prices of the dollar against the dinar during the past six months is Mstqrhh, they are in volatility between high and low, indicating that monetary policy in country is facing major challenges. confirmed Ugaili: that the central bank has proven successful and its ability to maintain the value of the national currency in lost these pressures. has allowed the central bank’s (25) private banks to sell the dollar according to certain controls, and gives each bank weekly million (250) thousand dollars at the (1179) and sold to citizens at (1189) that the ratio of profit banks (10), JD to create a balance between the amount of currency displayed and the size of the increasing demand to maintain the value of the dinar against the dollar. / end / 21. n. p /