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Economist: crisis of the dollar and the euro will not affect the value of the Iraqi dinar
Date: 2013-02-01 11: 46: 38 Friday
Baghdad
(newsletter). Economist Abdul Sattar dismissed al-Hashimi, the Iraqi
dinar exchange rate fluctuations in the world markets in America and
Europe.
He said al-Hashimi (News Agency): that the Iraqi dinar is
immune from the global economic crisis and would not be affected
because it is covered with large cash currency and more than 70 billion
dollars.
He added: the dinar exchange rate started getting better
and is recovering from what it was in the past, particularly after the
necessary actions taken by the Central Bank on how to balance the dollar
amounts at stake in the market through an auction sale of hard
currency.
He said: as well as the adoption of a new policy to
retain the gold and this will be a safe haven for preserving Iraqi funds
to support the dinar./finished/8 n. p
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Date: 2013-02-01 11: 46: 38 Friday
Baghdad
(newsletter). Economist Abdul Sattar dismissed al-Hashimi, the Iraqi
dinar exchange rate fluctuations in the world markets in America and
Europe.
He said al-Hashimi (News Agency): that the Iraqi dinar is
immune from the global economic crisis and would not be affected
because it is covered with large cash currency and more than 70 billion
dollars.
He added: the dinar exchange rate started getting better
and is recovering from what it was in the past, particularly after the
necessary actions taken by the Central Bank on how to balance the dollar
amounts at stake in the market through an auction sale of hard
currency.
He said: as well as the adoption of a new policy to
retain the gold and this will be a safe haven for preserving Iraqi funds
to support the dinar./finished/8 n. p
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