Economic Committee: IQD will see price improvement against the USD in the coming period

Posted: August 10, 2013 in Iraqi Dinar/Politics
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Screen Shot 2013-06-28 at 7.52.08 PMMember of the economy: the Iraqi dinar will see its price improvement against the U.S. dollar in the coming period
Iraq Business Directory – 08/07/2013 – 8:03 pm | Hits: 61

Most likely a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed شنكالي, improved Iraqi dinar exchange rate against the U.S. dollar in the coming period after taking the necessary measures by the central bank to strengthen it.

Said شنكالي: that the Iraqi economy is strong and the dinar covered reserve large currency difficult and this is what will give him strength and makes it immune from the economic shocks the world. said: that the new measures adopted by the central bank will support the stability of the dinar exchange rate and make its value better against the dollar in the coming period, indicating that the decline that took place at the dinar exchange during the last period came as a result the existence of mafias manipulated and controlled the central bank auction and seized the hard currency.

mentions that the Iraqi dinar has seen a significant decline rate of exchange against hard currencies over the past months as a result of the presence of mafias monopolized the sale of hard currency and all your occurrence of money laundering and smuggling of currency abroad.


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