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Finance Committee excludes the high value of the dinar against the dollar over the next year

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JJONESMX


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On: Wed, 17/11/2011 6:57



□ Baghdad / term economic
excluded member of the Knesset Finance Najiba Najib study increase the price of the Iraqi dinar against the U.S. dollar over the next year, noting that the Iraqi economy is still dependent on oil revenues annually. The answer, according to the Agency (news) I expect during the year (2012)


Keep the Iraqi dinar to its rate against the U.S. dollar will increasingly value the fact that Iraq is still its economy unilaterally dependent on oil in annual revenues.
The answer: If the government wants to make the Iraqi dinar strong toward the foreign currency they should think about how to strengthen the Iraqi economy and its diversity through the activation of all economic sectors in the country.
and continued to answer: there are frequent meetings by the management of fiscal and monetary policies, and some members of the Knesset Finance on how to strengthen the Iraqi dinar against foreign currencies, saying: so far failed to take measures applied to the subject, but to keep its price will continue until next year. She noted that the management of monetary policy and of the Central Bank among its accomplishments achieved is to keep the price of the Iraqi dinar against the dollar after what was, during the past years wiggle its value against the dollar.
A member of the Finance Committee Hussain Yasiri in an earlier statement the Agency (news): The Iraqi dinar now beginning to recover nearly what it was in the past and are treated in most countries such as Syria, Jordan, Lebanon and the other could be to replace the dinar in any international currency, stressing that the Iraqi dinar is now the currency is recognized internationally as in the past, raising its rate against the U.S. dollar, indicating that the exchange rate of the dinar against the dollar was (3027) dinars, but now its price (1191) dinars, and this shows that the Iraqi dinar began recovering.
that energy policy in Iraq is about oil, but since attention turns to the wealth of natural gas so The conflict revolves around the division of this wealth. Some analysts believe the new project focuses on the gas mixed abundant in the southern oil fields, while the gas fields in Western Sahara remains undiscovered until now.
in the agreement another interview, said officials in the Kurdistan region of Iraq that Exxon Mobil has signed a contract for oil exploration there.

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