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Central bank: for the vessels to adjust the dinar exchange rate
January 10, 2016
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Our economy / Baghdad
The Commission on monetary policy at the central bank, on Sunday, he has no intention to amend the dinar exchange rate, adding that any reduction in the value of the dinar meant hurting purchasing power of citizens.
The committee said in a statement seen by the agency, "our economy" News, "There is no intention to amend the dinar exchange rate and that what is declared by the otherwise from any person or entity has not considered especially after it has been installed price in the budget agreement with the Government and the International Monetary Fund ".
"The central bank is well aware that any reduction in the value of the dinar meant hurting purchasing power of citizens because most of their needs are imported," indicating that "address the financial situation must be done through the promotion of real sectors".
It showed that "the Bank initiative was to provide loans for the promotion of these sectors," asserting that "the bank's board is the only body authorized by law to determine the exchange rate and that every statement in this regard does not issue him is confusion and confusion to the market."
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Central bank: for the vessels to adjust the dinar exchange rate
January 10, 2016
10
[/ltr]
[ltr]
[You must be registered and logged in to see this link.][/ltr]
Iraqi currency (graphical)
[ltr]Our economy / Baghdad
The Commission on monetary policy at the central bank, on Sunday, he has no intention to amend the dinar exchange rate, adding that any reduction in the value of the dinar meant hurting purchasing power of citizens.
The committee said in a statement seen by the agency, "our economy" News, "There is no intention to amend the dinar exchange rate and that what is declared by the otherwise from any person or entity has not considered especially after it has been installed price in the budget agreement with the Government and the International Monetary Fund ".
"The central bank is well aware that any reduction in the value of the dinar meant hurting purchasing power of citizens because most of their needs are imported," indicating that "address the financial situation must be done through the promotion of real sectors".
It showed that "the Bank initiative was to provide loans for the promotion of these sectors," asserting that "the bank's board is the only body authorized by law to determine the exchange rate and that every statement in this regard does not issue him is confusion and confusion to the market."
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