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Member of the Economic Committee: the Central Bank set a new rate of the Iraqi dinar against the dollar... ty campdav

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therealbubbie

therealbubbie
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Baghdad (newsletter). Student member of the parliamentary Economic Committee, MP/Kurdish Alliance/mehma Khalil, the Central Bank set a new rate of the Iraqi dinar against the dollar, the currency and the rate of the dinar.

In a statement, "said Khalil (News Agency): the preservation of political currency and Iraqi dinars from the functions of the Central Bank, and the signals observed internationally, economically, that there is a future for dinars, adding: there shall be the exchange rate of the dinar against the dollar (1300) or (1200) Iraqi dinar, that this price is when the balance was $ 10 billion, and today the balance of sovereign Iraq (76).

Political and Central Bank to keep Bank is incorrect, call the Bank that there will be a strong Iraqi dinar, because what exists of the citizen, however, the Iraqi dinar is equal to the real market price, prompted the Bank to invest after the Iraq Dinar force of Chapter VII, and that today the Central Bank required that there be a new price against the dollar.

He pointed out that, because all the goods entering Iraq in dollars, there must be a real rate of the Iraqi dinar, because the power of solid and strong dinar on the sovereign and economic balance of the forces of the Iraqi citizen suffers from the weakness of the Iraqi aldnyar against the dollar.

The Iraqi dinar, worth less than the other, toward the dollar, for many reasons, of which the Central Bank blames the climb, others point out that the situation of Iraq and the area behind the rise of the dollar, as well as smuggling./finished/8 l. Eng. [You must be registered and logged in to see this link.]

Shredd

Shredd
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This student member of the Economic Committee offers the best explanation when people ask, "why can't Iraq just keep on using the dollar?".

"He pointed out that, because all the goods entering Iraq in dollars, there must be a real rate of the Iraqi dinar, because the power of solid and strong dinar on the sovereign and economic balance of the forces of the Iraqi citizen suffers from the weakness of the Iraqi dinar against the dollar."

A sovereign country needs to have a sovereign currency.


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tlm724

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and that today the Central Bank required that there be a new price against the dollar


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Lifes purpose is not to arrive at the grave in a well preserved body, but rather to slide in sideways shouting HOLY CHIT what a ride

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I'm good with doing it today, my schedule is wide open. Tomorrow would be ok, but I gotta work, so I couldn't do any banking.

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