See governmental and private banks in downtown Baghdad in the current queue of citizens who want to buy the dollar as the Central Bank controls, but the daily queues scene seems unhelpful to those NHS due to the monopoly of those banks and sell for $ complicit with it for profit.
Sales of the Iraqi Central Bank on Tuesday declined significantly to reach 152 000 404 thousand dollars, have been covered by the bank at an exchange rate basis was 1166 dinars to the dollar, compared to yesterday Monday, as bank sales amounted to 252 000 843 thousand dollars.
A member of the parliamentary Finance Committee that the central bank told us that he will implement a new plan to raise the value of the Iraqi dinar exchange either the U.S. dollar.
Select an economist many reasons behind the fluctuations in the value of the Iraqi currency and economic imbalances structural considering that the exchange rate holds an pivotal role in monetary policy in terms of its use as a target or a tool and as an indicator of the competitiveness of the state through its effect on the components of economic growth, such as investment and the degree of openness to international trade and capital flows and the evolution of the financial sector.
Baghdad / Baghdadi news / .. declared the Iraqi Central Bank, on Thursday, continuing to support the banking activity in accordance with the stated policy and what qualifies these banks and serious contribution in building the economy of Iraq.
said the Iraqi Central Bank, on Thursday, continuing to support the banking activity in accordance with the policy stated, as called for all relevant parties to avoid irresponsible remarks that do not conform with the facts which it operates. ,
revealed a banking source early on Saturday that the volume of reserves Iraqi Central Bank foreign currency amounted to $ 74 billion, noting that it is the highest reserves achieved by the bank in the country’s history.
Member of the Committee appealed, on Saturday, to the Iraqi government and management of the Central Bank of the need to implement the project to delete the zeros and the current currency exchange described by Balkadima and removable fraud.
Analyst Economic Rissan Musawi, that monetary policy Iraqi lagging global monetary policy, the reliance on old laws. Moussawi said news agency Baghdad International / WAP /, that “monetary policy practiced by Iraq is not suitable to be within the state’s plan to re- building economic infrastructure and finance in Iraq, because there are institutions, cash is responsible for monetary policy Iraqi same laws that were going out during the past period. “
BAGHDAD (Iba) … said, an expert in economic affairs peace Sumaisem, to begin procedures to delete the zeros from the Iraqi currency in the light of the confusion in the monetary policy and the instability of the dinar and improve Sarsrv of them unsuccessful procedures.
