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Dollar outlets
14/04/2013 12:00 am
Baghdad morning
Likely financial expert as Hadi Al-Tamimi, the stability of the exchange rate of the Iraqi dinar against the dollar, after the necessary measures taken by the administration of the Central Bank, included an increase of outlets selling hard currency.
Tamimi said a press statement: The increase in the number of outlets for the sale of hard currency in the government and private banks by the Central Bank will contribute significantly to the stability of the dinar exchange rate it would meet the market needs of the dollar.
He added that the sale of hard currency must be accompanied by other operations to monitor the sale and purchase and conversion processes external to curb currency smuggling and money laundering, which appear between now and then. This revealed the Finance Committee in the House of Representatives, for the start of the Iraqi Central Bank to take urgent action to maintain price stability exchange rate of the Iraqi dinar against the dollar by increasing outlets to sell for hard currency through the government and private banks. witnessed the exchange rate of the dinar against the U.S. dollar declined during the past few days as dollar rose against the dinar 1125 after it had been stable for 1120.
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14/04/2013 12:00 am
Baghdad morning
Likely financial expert as Hadi Al-Tamimi, the stability of the exchange rate of the Iraqi dinar against the dollar, after the necessary measures taken by the administration of the Central Bank, included an increase of outlets selling hard currency.
Tamimi said a press statement: The increase in the number of outlets for the sale of hard currency in the government and private banks by the Central Bank will contribute significantly to the stability of the dinar exchange rate it would meet the market needs of the dollar.
He added that the sale of hard currency must be accompanied by other operations to monitor the sale and purchase and conversion processes external to curb currency smuggling and money laundering, which appear between now and then. This revealed the Finance Committee in the House of Representatives, for the start of the Iraqi Central Bank to take urgent action to maintain price stability exchange rate of the Iraqi dinar against the dollar by increasing outlets to sell for hard currency through the government and private banks. witnessed the exchange rate of the dinar against the U.S. dollar declined during the past few days as dollar rose against the dinar 1125 after it had been stable for 1120.
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