Author: Yasser incumbent
Excite financial crises plaguing the countries 'financial panic' cause in creating a state of panic among the public banks who have large financial deposits and is often caused this panic about expectations in the collapse of the currency Aujsairkd exposed to some of the banks that lead to the emergence of this case.
Although the crisis Almalahalta plaguing the country because of Astmrartzbzb oil prices that are indicators of liquidity disappearance of the national currency, the monetary policy is still porte reins things in processing.
Therefore, it is different we have here in Iraq and the reason for the occurrence of such description "financial panic" that some wounded to rumors and not to the reality of the situation because the indicators so far do not portend including raises anxiety and panic, the source of these rumors come back to some of the statements of non-specialists on liquidity and focus on the aspects are not of interest and unrealistic.
advisable to leave these assessments by some who described the experts in the economy and they do not understand something of it to the owners of the experience, as should the economic press to address such a phenomenon and not marketing statements unrealistic.
proceedings up to this point is an important and helpful in mitigating the impact of the lack of liquidity, eight absence Anja not portends great danger as long as the country has the capacity physical Maysaad to overcome the crisis, and in such a case must be to speed up the enactment of the Deposit Insurance Act to restore confidence Bodaoualmassarv and activating investment and most importantly provide liquidity.
However, private banks initiatives and its attempts to reduce the dollar exchange rate to give up part of their profits do not come out because they eat, and required in this case search the reasons, he noted that 50 banks pledged reduction but the dollar did not budge.
This increase does not constitute a major threat as much as what interests destabilize the confidence of the citizen national own currency and if they grew it will lead the to a state Alzaralmala supposed to, but so far there is no hope of avoiding hindsight, waiting for new measures and tight because the reduction decisions are still without monitoring and auditing and on the central bank to take chock measures.
eight other behavior of departments of banks in dealing with the audience when withdrawals raises panic, required explaining to citizens withdrawals mechanisms in accordance with the available liquidity, making it the most satisfied.
The currency market so far normal by the law of supply and demand and, more importantly Is price stability will be achieved for the sake of the financial panic?