Central bank demands to reconsider its monetary policy to support the exchange rate of the Iraqi dinar
Financial expert: Central bank demands to reconsider its monetary policy to support the exchange rate of the Iraqi dinar
03-06-2013 11:39 AM
Baghdad (news) .. Download financial expert as Hadi al-Tamimi, the central bank responsible for the low exchange rate of the dinar against the dollar during the last period, stressing that monetary policy currently used does not support the value of the Iraqi dinar. said Tamimi (of the Agency news): The oscillation winning at the exchange rate of the Iraqi dinar against the U.S. dollar bears responsibility for the current administration of the Central Bank, because of its policy that made the dollar sales monopoly for certain destinations and got away control of the local banks. added: The CBI demands to reconsider its policy of cash and a new policy requires follow-up to the sale of hard currency and the possibility of delivery to eligible traders and owners of capital , taking into consideration the balance in the principle of supply and demand in the market. pointed to: the continuing decline in the value of the Iraqi dinar against the dollar will affect the overall economic situation in the country, they must lay the foundations correct address. / End / 8. n. r /
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