Low price of the dollar against international currencies will impact on the national economy
Finance parliamentary: low price of the dollar against international currencies will impact on the national economy
28-04-2013 11:31 AM
Baghdad (news) .. The member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, the need to diversify the basket of currencies in the Central Bank to avoid global crises and changes that occur at the price of U.S. dollar in world markets. Abbas said (of the Agency news): The low exchange rate of the U.S. dollar either Japanese yen and other international currencies will affect the national economy, being linked to and directly with the dollar, the fact that Iraqi crude oil is sold in U.S. dollars. added: that the major industrialized countries such as Japan and the United States deliberately reducing the value of their currencies in order to increase their exports of Foreign Affairs, and these changes will shed بضلالها on states Third World based on the dollar in most of its dealings internal and external. pointed to: that the Iraqi Central Bank demands to take bold steps to the diversity of the basket of currencies and not rely on the dollar only, as has large reserves of hard currency, to avoid the impact of volatility winning price of the dollar in world markets. witnessing The U.S. dollar declined significantly against the yen in global markets during the past few days. / End / 8.’s. m /
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