Support the dinar
Support the dinar
2/7/2015 0:00
BAGHDAD – morning
called economic researcher state just to support the dinar exchange rate against the dollar over the insider only in local currency and away from the dollarization of the market because of the negative impact on the economy.
Adel said in a statement the “morning” is necessary to restore public confidence in the local currency, which has a lid large reserves of gold and foreign currency, and not underestimate the value to any other currency. And stressed the need to restrict the dollar in the only foreign trade and expand handle local money in the trading of domestic trade between provinces or direct daily transactions in the markets between citizens and shopkeepers.
It confirmed that the continuation of dollarization in Iraq harm the reputation of the dinar as much as would maintain public confidence in the dinar destabilizing to a large extent, indicating the need for attention to this subject by regulatory agencies and educate citizens not to be dragged into what is floating currency.
alsabaah.iq
