Member of the economy excludes the impact of crises on the Syrian and Iranian exchange rate of the dollar against the dinar

Member of the economy excludes the impact of crises on the Syrian and Iranian exchange rate of the dollar against the dinar
Dated: 7/31/2012 11:19:35 Tuesday




Baghdad (news) .. Member of the Committee ruled out the economy and investment MP / coalition in Iraq / Qusay Juma, the increased demand to buy the dollar at the continuing political crisis in Syria and Iran, because of trade will be reduced between Iraq and these countries.
Juma said (of the Agency news) said on Tuesday: The crisis in Syria and the economic sanctions imposed on Iran will not affect the Iraqi currency in terms of increasing its value or reduced, because the situation is stable in these two countries made the trade exchange between them and Iraq a few.

He added that Iran and Syria are receiving hard currency from Iraq through the business processes of any import and export of goods or through the exchange of currencies, and the illegal operations are limited because the central bank imposes its control over the sale of the dollar in the local market.

He pointed out: that the political and security situation is stable in Iran pushed Iraq to ease its exchanges trade with them, what makes the demand for the dollar will decline in the coming period and provides an opportunity for the central bank to implement its policy to reduce the value of the dollar against the Iraqi dinar.

Experiencing both Iran and Syria, political and economic crises, as Iran would impose international economic sanctions by the UN Security Council over its nuclear program, while Syria is suffering from an internal crisis between the people and the Syrian government.

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