MP calls for quick action to halt the rise in the dollar against the Iraqi dinar
MP calls for quick action to halt the rise in the dollar against the Iraqi dinar
5/14/13
Baghdad / Baghdadi news / .. Student member of the citizen’s Parliamentary Bloc MP Abdul-Hussein Abtan, on Monday, the competent authorities to take swift action to halt the rise in the dollar exchange rate.
He Abtan During Matmrsahfa held the parliament building and the presence of / Baghdadi news /, that “the high exchange rate of the dollar against the Iraqi dinar during the current period, taking the burden on private citizens and low-income earners because most of the goods offered in the Iraqi market are imported.”
He added that “the dollar exchange rate was in 2006/1160 / and the cash reserve / 10 / billion dollars, what has become today / 74 / billion Dolarusar exchange the government of the dollar over / 1250 / At the market close / 1130 /” It is a serious indicator on the deterioration of the economy and cause more trouble for Mahmoud income earners. “
Abtan called on the Iraqi Central Bank to reconsider its policy and can not be that far from the continuous rise of the dollar at the time of the issue of Iraqi oil / / 3 million barrels per day annual revenues convergence / 120 / billion dollars.
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