Economist: stop the currency auction will reflect negatively on the Iraqi dinar
Economist: stop the currency auction will reflect negatively on the Iraqi dinar
25/02/2015 08:35 GMT
BAGHDAD – and babysit – said economic expert on behalf of Jamil Antoine, the “Stop currency auction will reflect negatively on the Iraqi currency,” calling on the central bank to “inject large amounts of dollar to control the price and create a balance in the local market.”
Antoine said, that “to stop the auction currency came to relieve pressure on the Bank Lids for ICON ATMs and obscure his main task which is to maintain the transfer of funds and other operations in charge of the process.”
He stressed that the “rise of the dollar against the Iraqi dinar was the result of a lack of daily supply of the dollar in the market and as a result of a bank to stop pumping the currency.”
The Governor of the Central Bank of Iraq on the Keywords face last Sunday, the discontinuation of the auction currency to ease pressure on the Bank to Bank In order ICON daily ATM currency Alajnah.
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