The deterioration of currencies Iran and Syria have contributed down the exchange rate of the Iraqi dinar

Deputy: the deterioration of currencies Iran and Syria have contributed down the exchange rate of the Iraqi dinar against the dollar

28-03-2013 11:46 AM

Baghdad (news) .. Refer rapporteur of the committee of economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, causes low exchange rate of the Iraqi dinar against the U.S. dollar to the political problems in the country and the deterioration of currencies Iran and Syria against international currencies. Khelil said (of the Agency news): The UN sanctions imposed on Iran and Syria led to the decline Altoman Iranian and Syrian pound against the U.S. dollar, making Iran and Syria in dire need of hard currency. and added: Iraqi trader is dealer pivotal and the import of goods without restrictions prevent reverse McCann in the former regime, which has become a close relationship between Iraqi traders and merchants neighboring countries and that of their way may be issued hard currency to states of Iran and Syria. and pointed out: that political and security problems that plague Iraq also contributed to reducing the value of the Iraqi dinar against the U.S. dollar by paying citizens to convert their money into dollars, making there is a growing demand in the market for the dollar without the Iraqi dinar. witnessing the exchange rate of the Iraqi dinar decline in value against the U.S. dollar during the current period, as a result of the central bank’s measures to sell hard currency. / end / 8 /

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