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Abtan: If the dinar did not improve it would be to block ' other words

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Hkp1
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Abtan: If the dinar did not improve it would be to block ' other words

Post by Hkp1 on Sat 18 May 2013, 11:22 am

Abtan: If the dinar did not improve it would be to block ' other words


Saturday, 18 may 2013 14: 54


{Baghdad:
Euphrates news} block MP Abdul Hussain abtan ' Parliamentary Bloc will
not tolerate the continuing fall in the value of the dinar and its
impact on the country's economy and the lives of citizens, particularly
low-income and poor people, who sadly make up half of society.

Abtan
said Agency {Euphrates News} said Saturday that "the Central Bank bears
the primary responsibility for improving the dinar exchange rate, it is
not inconceivable that the country has an estimated reserve of $ 74
billion and it assaulted dinar before the eyes of everybody."

"On
the Central Bank to take swift action and needed to be dollar for 1,000
Iraqi dinar, this is what our work during the past years we have
achieved stable dinar with the reserves did not exceed 30 billion
dollars".

The Parliamentary Committee on the economy and
investment has confirmed that differences and political crises in the
country and the lack of clarity of the policy of the Central Bank have
led to fluctuations in the dollar exchange rate for the dinar.

Description of Committee member Rep. Smith winning the continuing decline of the dinar against the dollar "non-issue".

The winner said that "the decline of the dinar against the dollar is abnormal and may lie behind the goals."

It
was a meeting with the Central Bank on the issue of selling the
currency in the market and agreed to sell the dollar for delegates and
pilgrims and those proceedings had not fulfilled its purpose because the
price is still erratic despite Central Bank announced it would raise
the value of the dinar against the dollar, but there are mafias are
dealing with the dollar. "

And that "so far did not know the
dimensions of this oscillation but must be a handle to this position
otherwise the Central Bank bears responsibility for that."

TheQusay
Al-Suhail, first Deputy Speaker of the House of representatives had
chaired a meeting of the Finance Committee at its headquarters in the
presence of Central Bank Governor Abdel Basset Turki, Chairman of the
Committee and its members.

He stressed the "necessity of
identifying Al-Suhail and things to taken by the Central Bank to address
the fluctuating dinar exchange rate against the dollar, and emphasized
the importance of knowing the real reasons which led to this oscillation
that negatively affects a person's life.

Economists suggest that
the reasons for the low country's fiscal policy, especially the
monetary and exchange rate fluctuations against the dollar, the dinar,
and focus on political differences that shut down much of the State and
weakened by things such as financial or monetary policy, as well as
current country conditions in General especially the security file and
its repercussions on the general situation in the country. Over 2 m

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