Deputy: deteriorating amalty Iran and Syria contributed down the dinar exchange rate against the dol

by **Rocky** Thu 28 Mar 2013, 4:56 am

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Deputy: deteriorating amalty Iran and Syria contributed down the dinar exchange rate against the dol

by Rocky Thu 28 Mar 2013, 4:56 am

Deputy: deteriorating amalty Iran and Syria contributed down the dinar exchange rate against the dollar

28-03-2013 11:46 AM

Baghdad (newsletter). Refer the decision of the Commission on economy and investment Deputy/Kurdistan blocs Coalition/mehma Khalil, the reasons for the low exchange rate of the Iraqi dinar against the US dollar to the country's political problems and the deteriorating amalty Iran and Syria before the international currency.
He said Khalil (News Agency): UN sanctions imposed on Iran and Syria led to the decline of the Toman Iranian and Syrian lira against the u.s. dollar, making Iran and Syria is in dire need of foreign currency.
He added that Iraq is a central merchant trader and import the goods without limitations prevent reverse McCann in the previous system, there is a close relationship between Iraqi merchants and traders from neighboring countries and that the currency can be issued to the States of Iran and Syria.
He noted: the political and security problems in Iraq also contributed to the devaluation of the dinar against the US dollar by pushing citizens to convert their money into dollars, they make there is a growing demand in the market on the dollar without the dinar.
This testifies to the dinar dropped in value against the u.s. dollar during the current period, as a result of the actions of the Central Bank to sell hard currency./finished/8/

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