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Saleh for "tomorrow": Dollar rises and procedures for the central bank "correct"
2015-03-23
Sale price of the dollar rose against the Iraqi dinar during the current month after the fiscal budget has identified the central bank sold $ 75 million a day instead of $ 300 million. He says the prime minister for economic affairs adviser to the appearance of Mohammed Saleh for "Tomorrow", "The central bank dollar sales up to $ 75 million instead of $ 300 million a day in accordance with Article 50 of the Budget Law, and this amendment exploited by speculators and Mentfon provoked panic and fear about the decline of bank sales and the weakness of its reserve of foreign currency as well as the importation of goods flooding the market is not necessary, which increased demand for the dollar thus the high price to sell, "noting that" 75 million dollars is sufficient to meet the market need, therefore, the central bank actions are correct. " He added that "the central bank has a reserve sufficient and reassuring foreign currency dependent on oil revenues," noting that "the coming days will witness a breakthrough to the crisis with the followers of the budget policy on liquidity in the market and the size of the reserve and flow?"
committee of economy and investment representative, warned of continued high price dollar against the dinar, calling the central bank to take swift action to save the dinar Alaraca.oicol Committee Chairman Jawad al-Bolani for "Tomorrow", "The dollar is witnessing a sudden rise in the current period against the dinar, and it is up to the security and economic situation is settled, as well as for the decline in world oil prices, ".oichir Bolani that" the continued decline in the dinar exchange rate will only degenerate local currency, leading to high rates of inflation and an increase prices in the local markets, so it has to be from the central bank to take swift action to restore the dinar exchange and save it from degradation rate. "
The Finance Committee of the House of Representatives member Magda Tamimi she stated reasons for the high dollar exchange rates against the dinar, where she's "Tomorrow", "The central bank was selling dollars to anyone who wants without controls, which kept the dollar exchange rate in the past but what happened The new regulations pushed buyers to the dollar, the dollar purchase of ordinary people and speculators, which led to a rise in the dollar's exchange rate against the dinar. "
She explained that "the new regulations led to the orientation of the people and the owners of capital to buy the dollar from speculators and ordinary people without controls because the government imposed controls Buyers provide guarantees as requested tax escrow or passport, which led to a rise in the dollar's exchange rate against the dinar. "
As an expert on financial affairs Mahmoud Chiahi confirmed for "tomorrow", that "the causes of the financial and political weakness of the country's monetary and private lies in the fluctuation of the dollar exchange rate against the dinar as well as control of the traders on the market, which led to weak to deal with the dollar and the control it. "
Chiahi adds that "traders caused raising the prices of the dollar against the local currency over the past few weeks, where they are buying the currency on the black market and not from the central bank, which in turn made a serious mistake when inventory sell the currency on the government and private banks and banking offices, leaving traders to buy the currency on the black market, including causing rising dollar. "
The dollar price in the domestic market in front of the Iraqi dinar to reach sales price in 1130 against the Iraqi dinar per after it was 1120 dinar per over the past month.
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2015-03-23
Sale price of the dollar rose against the Iraqi dinar during the current month after the fiscal budget has identified the central bank sold $ 75 million a day instead of $ 300 million. He says the prime minister for economic affairs adviser to the appearance of Mohammed Saleh for "Tomorrow", "The central bank dollar sales up to $ 75 million instead of $ 300 million a day in accordance with Article 50 of the Budget Law, and this amendment exploited by speculators and Mentfon provoked panic and fear about the decline of bank sales and the weakness of its reserve of foreign currency as well as the importation of goods flooding the market is not necessary, which increased demand for the dollar thus the high price to sell, "noting that" 75 million dollars is sufficient to meet the market need, therefore, the central bank actions are correct. " He added that "the central bank has a reserve sufficient and reassuring foreign currency dependent on oil revenues," noting that "the coming days will witness a breakthrough to the crisis with the followers of the budget policy on liquidity in the market and the size of the reserve and flow?"
committee of economy and investment representative, warned of continued high price dollar against the dinar, calling the central bank to take swift action to save the dinar Alaraca.oicol Committee Chairman Jawad al-Bolani for "Tomorrow", "The dollar is witnessing a sudden rise in the current period against the dinar, and it is up to the security and economic situation is settled, as well as for the decline in world oil prices, ".oichir Bolani that" the continued decline in the dinar exchange rate will only degenerate local currency, leading to high rates of inflation and an increase prices in the local markets, so it has to be from the central bank to take swift action to restore the dinar exchange and save it from degradation rate. "
The Finance Committee of the House of Representatives member Magda Tamimi she stated reasons for the high dollar exchange rates against the dinar, where she's "Tomorrow", "The central bank was selling dollars to anyone who wants without controls, which kept the dollar exchange rate in the past but what happened The new regulations pushed buyers to the dollar, the dollar purchase of ordinary people and speculators, which led to a rise in the dollar's exchange rate against the dinar. "
She explained that "the new regulations led to the orientation of the people and the owners of capital to buy the dollar from speculators and ordinary people without controls because the government imposed controls Buyers provide guarantees as requested tax escrow or passport, which led to a rise in the dollar's exchange rate against the dinar. "
As an expert on financial affairs Mahmoud Chiahi confirmed for "tomorrow", that "the causes of the financial and political weakness of the country's monetary and private lies in the fluctuation of the dollar exchange rate against the dinar as well as control of the traders on the market, which led to weak to deal with the dollar and the control it. "
Chiahi adds that "traders caused raising the prices of the dollar against the local currency over the past few weeks, where they are buying the currency on the black market and not from the central bank, which in turn made a serious mistake when inventory sell the currency on the government and private banks and banking offices, leaving traders to buy the currency on the black market, including causing rising dollar. "
The dollar price in the domestic market in front of the Iraqi dinar to reach sales price in 1130 against the Iraqi dinar per after it was 1120 dinar per over the past month.
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