Deputy: the deterioration of security in the neighboring countries to withdraw more than the dollar
On: Sun 03/25/2012 6:32
Baghdad / range
warned a member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri of increased demand on the U.S. dollar result of the deteriorating security situation in neighboring countries, and urged not to reduce the dollar selling at auction the central bank when increasing the demand for buy to maintain the value the dinar against the dollar.
Yasiri said.. (of the Agency news) on Saturday: The increase in demand for dollar you get a result of a politically motivated or a war in a particular country, that generates a kind of propaganda for the people that the currency will fall or fall, setting off a process of withdrawing dollars from its neighboring countries as an international currency handled by all States.
said: Can not reduce the sale of the U.S. dollar at an auction the central bank when increasing demand to buy it, to keep the Iraqi dinar exchange rate against the dollar, and in the case of reducing the sale would increase its value against the dinar.
and most likely a member of the Finance Committee representative: the high the exchange rate of U.S. dollar against the Iraqi dinar in the coming period in the event of continuing the process of withdrawing foreign currency from local markets without further action by the Central Bank of procedures through the sale of the dollar in the auction.