Senior banker: the high exchange rate of the dollar against the dinar affects the operation of the country’s economic

Posted: October 31, 2013 in Iraqi Dinar/Politics

Economic

31-10-2013 12:34 PM

Baghdad (news) .. Said banking expert Majid picture, the fluctuation of exchange rate of the U.S. dollar affects the economic process as a whole, because of the interdependence between the Iraqi economy and the dollar.

said Suri (of the Agency news): The rise and fall in the U.S. dollar exchange rate adversely affect the Iraqi economy, because of all exports and Allwaradat Iraqi evaluate the dollar, noting that the volume of imports large for Iraq at 70 billion dollars, and all will be affected.

continued: that any change Aotzbzb the U.S. dollar affects the other currencies associated with it, and has a direct impact on the economic situation and Iraq’s relationship with the economies of other countries. noted that the Committee on the economy parliamentary warned of the continued rise of the dollar’s exchange rate against the dinar, stressing that this phenomenon began to weigh heavily on the majority of low-income citizens

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