Finance parliamentary: doing business in euros will not hurt our economy

Posted: July 26, 2013 in Iraqi Dinar/Politics
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POST 26 JULY / JULY 2013 13:40

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN) – A member of the parliamentary Finance Committee that there was no economic damage from the use of the euro in some commercial exchanges rather than the U.S. dollar.

The MP Hassan al-Bayati’s ( IMN), That “Iraq used to rely mainly on the U.S. dollar but adversely affected the euro as needed and the agreement stipulated in each contract.”

And rule out al-Bayati, “be of the order has no negative impact on the value of the Iraqi dinar during the next phase” .

He said that “some European countries require Iraq to the euro to Tazizaammeltha national globally.”

He called a number of economists, the government in an economic conference on Thursday to reduce the euro to trade instability in the countries of the European Union.

It is noteworthy that the Iraqi dinar exchange rate has been rising against the U.S. dollar relatively rid Iraq of the provisions of Chapter VII of money.


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