Massive demonstrations to protest the high price of the dollar in Baghdad
Massive demonstrations to protest the high price of the dollar in Baghdad
17-06-2015 12:27 PM
Out massive demonstrations in the capital Baghdad today Alaavae protest against the decline of the dinar exchange rate against the US dollar, which exceeded the prices barrier of 140 dinars Maother on the prices of food, medicines and all the imported goods and raising prices exponentially in conjunction with the high prices already, as in every year of the holy month of Ramadan and between Witnesses ‘demonstration began in Muzaffar Square in eastern Baghdad Sadr City, demanding The federal government to take measures limiting the rise in the dollar, and hold negligent officials perpetrators of this rise and the prosecution of corrupt who threaten the economic security of the country’ while informed sources confirmed that the dollar in the price domestic markets to the Iraqi dinar gradually rose to more than 1440 dinars to the dollar, compared to 1225 thousand dinars last February in the Iraqi Central Bank every week routine business days decided on Tuesday considered Saturday means hold an auction to sell dollars and inject more of it in the local market in an effort to halt the decline of the dinar, in addition reduce the deposit period for feeding the external accounts of banks amounts, to be from ten days to five days, and as of next July for the same purpose. The economists believe that the main problem lies in the hard currency smuggling out of the country by the corrupt and the corrupt and smugglers forged contracts as well as the conversion of large amounts of both Syria and Iran to counter the economic blockade imposed on the two countries.
ikhnews.com
