Financial expert: increase hard currency outlets will contribute to the stability of the exchange rate of the Iraqi dinar

Financial expert: increase hard currency outlets will contribute to the stability of the exchange rate of the Iraqi dinar

13-04-2013 08:01 AM

Iraqi dinar, DollarBaghdad (news) .. Likely financial expert as Hadi al-Tamimi, the stability of the Iraqi dinar against the dollar, after the necessary measures taken by the administration of the Central Bank, included an increase of outlets in hard currency. Timimi said (of the Agency news): The increase in the number of ports on the sale of foreign currency in banks government and private by the central bank will contribute significantly to the stability of the Iraqi dinar exchange rate because it will meet the market needs of the dollar. added: that the sale of hard currency must be accompanied by other operations to monitor the sale and purchase and conversion processes external to curb currency smuggling and money laundering, that appear from time to time and the other. This revealed the Finance Committee in the House of Representatives, for the start of the Iraqi Central Bank to take urgent action to preserve the stability of the Iraqi dinar exchange rate against the dollar by increasing the outlets sold for hard currency through state banks and private. saw the dinar exchange rate against the U.S. dollar declined during the past few days where dollar rose against the dinar 1125 after it had been stable for 1120. / end / 8. n. p /

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