BAGHDAD / Source News / Editor Alaguetsada..ioasal dollar series high in the local markets for the dinar gradually to about 1335 dinars to the dollar, compared to 1228 dinars to the dollar over the past week and 1,200 dinars to the dollar through the end of last year 2014.
And refrain owners of companies and banking offices for selling the dollar for fear of large losses that may cause them in the event of continued volatility of the Iraqi dinar exchange rate, and in reduced economic adviser to Prime Minister of the importance of these changes, and calling it »bubble», informed sources pointed out that the Cabinet discussed, this problem, but specialists speculated that the dollar exchange rate back to normal in a matter of days. MP from the Kurdistan Democratic Alliance Majid Chenkali, stressed that the high dollar prices in the Iraq crisis fabricated by some parties, called on the government to pursue the matter through the deployment of regulators to control the securities market Almalah.oukal Chenkali "The rise in the dollar price in the domestic market, exacerbating Iraq crisis economic, "noting that" This is intended by some authorities to crack down on Iraq's financial market ".oshdd Chenkali the need to" The government is aware of the gravity of economic situation in Iraq, "and urged the government to" deploy regulators to control the stock market ", stressing "The central bank Tsairth the dollar has not changed but the aspirants in the market behind the rise in prices," pointing out that "the rise will lead to a recession a lot of goods and stop buying and selling in the markets." For his part, predicted Vice President of the Parliamentary Economic Commission Harith al-Harthy ,, low exchange rates the dinar against the dollar during the next two days, while pointing out that some of the "mafia" in the market control and manipulate the price Massalhaa.obhsp according to informed sources, the «Cabinet in its meeting held, touched for reasons of the dinar against the dollar decline in the forefront of trading this week» .ofatt source added that «the central bank had warned of the consequences of entering the parliamentary finance committee in the dinar exchange rate under the pretext of controlling the exchange rates and quantities», adding that «Parliament intervention in this matter is the thing a little bit suspicious, especially since the functions of Parliament recede legislation, oversight and not draw a certain fiscal policy ».uazat Economic Committee in the House of Representatives rise in the dollar exchange rate of the dinar to the decisions taken by the Central Bank during the past few days to support the development Alaguetsadah.uetoqa Economists return of the dollar to normal prices during the simple duration, Aazin reason for the rise, which to »panting» banking offices to buy the dollar, as well as reducing the quantities sold by the central bank as recommended by the budget Ama.oelzm the current year's budget law, the Central Bank of Iraq, in paragraph 50, identifying sales of foreign currency (dollar) in daily auction roof does not exceed 75 million dinars, with the exercise of justice in short. Commenting on the crisis, an economic advisor to Prime Minister Haider al-Abadi, high dollar prices seen in the Iraqi market Faqaah.mn his part, said the appearance of Mohammed Saleh, said that «witnessed the rise in the dollar market is currently in front of the dinar Iraq is just a bubble because there are some speculators and Translated in the market », adding that« a very strong and is covered by one and a half of hard currency dinar ». He added Saleh, said that« Sometimes the central bank to take some actions that will maintain the dollar because of the financial distress and therefore The state does not want the money scattered on some imports that are heavily futility and consume millions of dollars Kab kids Moveh, clothes and food poor »He pointed favor that« the bank has to ensure procedures that would destroy this bubble and within a few hours of shut down and restart the situation as it was ».
At a time when economic advisor to Prime Minister Haider al-Abadi said the dollar exchange rate in the Iraqi market bubble and that some of the imports are of futility, attributed an expert in the matter of economic rising US dollar against the dinar to the increasing demand banking offices to buy the dollar and paid in the local market in addition to the policy Central Bank, said an expert on Iraqi economic affairs Ahmed Abrihi, rising US dollar against the Iraqi dinar to the increasing demand banking offices to buy the dollar and paid in the local market, in addition to the central bank He explained Abrihi policy in a press statement: "The increasing demand by banking offices and citizens of the US dollar contributed to raise the price in front of the Iraqi dinar, "stressing that the local currency strong currency and will resume its recovery soon. He added:" The rise in the US dollar temporary and will not last long, "he said, adding:" The dollar at the Central Bank, has not changed The Bank provides large amounts of foreign currency. "He pointed out that the treatment of this difference between Saratar in the market and official price, is done through a strict policy by the central bank on the owners of banking offices and speculators .ouchehd the Iraqi market in recent days, a rise in the dollar's exchange rate against Iraqi dinar exchange rate of the To the President of the Association of private banks in Iraq Munther student Kaftan said, "The decisions issued by the Central Bank of Iraq this week, is in line with the budget for 2015 and in line with the Central Bank of Iraq tasks and responsibility in supporting the development and stimulate the Iraqi economy." .wachad Kaftan in a press statement the decisions issued by the Central Bank of Iraq, which dealt address the financial challenges facing the country's economy first and foremost, to support the liquidity of specialized banks of $ 5 trillion dinars to enable them to provide loans to industrial and agricultural, in addition to loans, housing and real estate, large and relevance of these loans for To activate the productive sector and employment in Albuld.obashon for financing the state budget decisions with a loan of $ 6 trillion dinars run through 50 percent of the deposits of commercial banks reserves with the Central Bank of Iraq, as well as buy back treasury bonds from the secondary market by 5 trillion dinars in the first phase, said Kaftan: "These decisions will enhance employment opportunities and the provision of financial abundance required to implement the relevant development projects note that these measures do not affect the Central Bank of Iraq's Special Reserve."
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