Deputy Governor of Central Bank: the dinar will not recover until after the leak check of the hard currency outside
On: Wednesday 05/16/2012 12:32
Baghdad (news) .. Ruled out the deputy governor of the Central Bank of the appearance of Mohammed Saleh, the return of Iraqi dinar to normal, due to increased demand on the dollar, noting that the average central bank sales of foreign currency amounted to (200) million and the volume of demand to buy an estimated half a billion dollars.
Saleh added ( Agency news) on Wednesday: The demand to buy the dollar from an auction the central bank is increasing every day without knowing why, the volume of demand for dollar estimated half a billion dollars and the average sales of the central (200) million, which will make the Iraqi dinar is unable to regain his normal, except in the case of government control over the amount of money the hard out of the country. He explained: that the state you enter a foreign currency into the country through oil sales only, while the market is the one who directed those currencies abroad, which led to the lack of economic balance in the country, in addition to the Iraqi environment is attractive for investment and for the entry of foreign currency due to political instability and internal problems continued. said: There is no economic philosophy is evident in the country to control the borders and prevent the depletion of foreign currency, in addition to the absence of an economic policy that makes fiscal revenues diversified economy Iraqi and not the supplier of mono only. and see the U.S. dollar soared to its rate against the Iraqi dinar as a result of internal and external factors, where the U.S. dollar exchange rate (1288) Iraqi dinars after it had been stable on the price of (1166) Iraqi dinars. / Finished / 8. d. Q /