Expectations of improvement in the dinar exchange

by **Rocky** Sat 31 Aug 2013, 6:44 pm

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Post n°1

Expectations of improvement in the dinar exchange

by Rocky Sat 31 Aug 2013, 6:44 pm

Expectations of improvement in the dinar exchange

08/31/2013 08:58

Said a member of the Finance Committee MP for the coalition of Kurdish blocs Dler Ghaderan assignment banking companies and private banks accused of laundering money and smuggling currency over the past months to the judiciary for prosecution. said Qadir said "the Iraqi dinar will see a significant improvement its price compared to international currencies, especially after the resort's central bank to correct mistakes which occurred during the last period that led to the low exchange rate of the dinar. pointed out that "companies to mediate (banking) and private banks accused of laundering money and smuggling of foreign currency will be brought to justice for the purpose of trial and reduce the recurrence of such phenomena, being harmful to the economy and the value of the dinar ' . , adding that "the central bank was able to over the last period of the rescue of the Iraqi dinar from degradation and to stabilize its price, stressing that the development of the dinar is much better than before" and will see an improvement over the coming period. this "has seen the Iraqi dinar decline is unprecedented its price against the dollar U.S. during the past six months, as a result of the policy of the central bank at the time, and that on the track was the sacking of the central bank governor and his deputies and advisors and some general directors. 5

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