Finance: The Benefits of bonds worth $ 5 billion curtail the role of speculators

A member of the parliamentary Finance: The Benefits of bonds worth $ 5 billion curtail the role of speculators

6.26.2015 eight fifty-six

Finance - The Benefits of bonds worth 5 billion curtail the role of speculators[Baghdad-where]
said the parliamentary finance committee member, said the positives of the promotional tour for bonds worth $ 5 billion is to reduce the role of speculators.
And between Jabbar al-Abadi told all of Iraq [where] that “there are several benefits to these bonds in question, including the withdrawal of the Iraqi currency under the currency bloc will be in dollars, and thus demand for the dollar to reduce speculation, as well as pumping dollars into the market.” The Finance Minister Hoshyar Zebari said 22 of June this month that Iraq hoped to meet with investors at the end of next July display plans on issuing its value five billion dollars in bonds. The dollar rate against the local dinar rose over the past week but quickly dropped after the catch those responsible for this matter. The Governor of the Central Bank of Iraq Agency on the Keywords said during a press conference 20 of this month, the lack of fear of the rise in the dollar’s exchange rate against the Iraqi dinar, “revealing” Ask a local bonds worth $ 5 billion to provide liquidity to the state. ” formed anti-crime directorate of the Organization in the Ministry of Interior, cell crisis in coordination with the Central Bank to hunt down the perpetrators of the speculators exchange rate appreciation Atar.anthy

alliraqnews.com