Saleh: Central Bank reserves fully covers the dinar and the high dollar just bubble
Saleh: Central Bank reserves fully covers the dinar and the high dollar just bubble
12/24/2014 4:24
Brother – Baghdad
Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh, Wednesday, high dollar price in the market, it is only for “price bubble”, stressing that the dinar bank reserves covering completely.
Saleh said in a statement seen by the Agency for News Agency (et) that “some speculators in the market taking advantage of in some cases some organizational things issued by the Central Bank on the auction conducted by a day to sell currencies as Rasim monetary policy”, adding that “this speculation and temporary and is only a price bubble. ”
Saleh added that “these speculations are of a temporary nature as the market is saturated with the dollar,” asserting that “the Bank’s reserves of hard currency dinar cover fully.”
The local market is currently experiencing a rise in the dollar exchange rate for up to 1300 dinars to the dollar after its stability for more than a year to exchange 1,200 dinars per price.
khabaar.net
