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Parliamentary committee demands CBI to preserve IQD price

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notazbad2000
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Parliamentary committee demands CBI to preserve IQD price

Post by notazbad2000 on Tue Jul 16, 2013 5:29 am

Parliamentary committee demands CBI to preserve IQD price

Added by Ibrahim Khalil on July 16, 2013.
Saved under Business




Baghdad (IraqiNews.com) The Economy and Investment Parliamentary Committee demanded the Central Bank of Iraq to maintain the price of the Iraqi dinar in exchange of foreign currencies.The Secretary of the Committee, Mahma Khalil, told IraqiNews.com ”The CBI is obliged to preserve the price of the IQD in return of foreign currencies since the currency of the State represents its economic identity at the political arena.””The price of the IQD totally depends on the CBI policy whose task is to preserve the price of IQD which was built basically on the price of oil barrels,” he added.”The Secretary of the Committee attributed the vacillation in IQD price to its association with the Iraqi political fluctuations and the security situation which holds off investment opportunities,” he concluded. \END\


Read more: http://www.iraqinews.com/business-iraqi-dinar/parliamentary-committee-demands-cbi-to-preserve-iqd-price/#ixzz2ZCPbW1JW
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weslin3
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Re: Parliamentary committee demands CBI to preserve IQD price

Post by weslin3 on Tue Jul 16, 2013 11:14 am

Thanks taz... looks like to me the financial committee is our friend right now with the demands.
 

Neno
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Re: Parliamentary committee demands CBI to preserve IQD price

Post by Neno on Tue Jul 16, 2013 11:31 am

Got that right weslin. You see where they say the price (rate) of the dinar is built from... ;)

Also, now I see what committee position Khalil holds. He is the one that put the $2.50 figure out on just the supporting reserves for backing.... ;)

Speculation is graining support by growing another leg.... ;)

RVDinar
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Re: Parliamentary committee demands CBI to preserve IQD price

Post by RVDinar on Tue Jul 16, 2013 1:47 pm

This I Likey....

weslin3
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Re: Parliamentary committee demands CBI to preserve IQD price

Post by weslin3 on Tue Jul 16, 2013 1:58 pm

I know RVdinar.... Me likey too. bounce 

charlie
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Re: Parliamentary committee demands CBI to preserve IQD price

Post by charlie on Tue Jul 16, 2013 2:19 pm

Me three weslin3 Taz  and rvdinar.... I like this one as much as any I have ever seen.

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