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Financial: new controls for the Central Bank to sell dollars and buy bulls or
Baghdad / follow justice-26/05/2013-12: 40 am
He is a member of the parliamentary Finance Committee, Abdul Hussein Al-yasseri, the need to keep the Central Bank on the dinar exchange rate against the dollar and inflation controls and handlers for currency speculators to buy dollars by simple people were behind the rise of the dollar.
Yasiri said in a statement to Agence {Euphrates News} on Saturday that "the reasons for the high price of the dollar against the dinar is that the central bank was selling dollars to anyone who wants and without controls, which kept the exchange rate of the dollar in the past but what happened is that the new controls paid buyers of dollars to buy dollar from ordinary people and speculators, which led to the high exchange rate of the dollar against the dinar. "
refers economists that the reasons for poor fiscal policy of the country, especially monetary and fluctuating exchange rate of the dollar against the dinar, many, focusing on the political differences that disrupted a lot of matters of state and weakened, including fiscal policy or monetary, as well as the conditions of the country's current overall especially the security file and its implications for the serious general situation in the country. said Yassiri that "the new controls led to draws people and owners of capital to buy the dollar from speculators and ordinary people without controls because the controls the government imposed on the buyers to provide guarantees as requested by the Security tax or passport, which led to the high exchange rate of the dollar against the dinar.
was MP for the mass of citizens parliamentary Abdul Hussein Abtan stressed that his bloc will not remain silent about the continuing decline in the value of the dinar and its impact on the country's economy and the lives of citizens especially low-income and poor people who, unfortunately, make up half of society. stressed Abtan told {Euphrates News} that "the central bank bears primarily the responsibility of improving the dinar exchange rate, it is not reasonable to have the country's reserves estimated at 74 billion dollars and the dinar assaulted him in front of the eyes everyone. "
he said," on the central bank to take action fast and needed to be one dollar versus thousand Iraqi dinars, and this is what our work during the previous years and we have achieved stable dinar with the reserves did not exceed $ 30 billion at the time. "The Committee on the economy and investment representative has confirmed that the differences and political crises that hit the country and the lack of clarity of central bank policy led to the fluctuation of the exchange rate of the dinar against the dollar.
The issue of the Central Bank, which led to the dismissal of Central Bank Governor Sinan Al-Shabibi and set Abdel Basset Turki instead proxy in addition to the number of staff was due to the depreciation of the Iraqi dinar against the us dollar, but these actions did not limit the decline.
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Baghdad / follow justice-26/05/2013-12: 40 am
He is a member of the parliamentary Finance Committee, Abdul Hussein Al-yasseri, the need to keep the Central Bank on the dinar exchange rate against the dollar and inflation controls and handlers for currency speculators to buy dollars by simple people were behind the rise of the dollar.
Yasiri said in a statement to Agence {Euphrates News} on Saturday that "the reasons for the high price of the dollar against the dinar is that the central bank was selling dollars to anyone who wants and without controls, which kept the exchange rate of the dollar in the past but what happened is that the new controls paid buyers of dollars to buy dollar from ordinary people and speculators, which led to the high exchange rate of the dollar against the dinar. "
refers economists that the reasons for poor fiscal policy of the country, especially monetary and fluctuating exchange rate of the dollar against the dinar, many, focusing on the political differences that disrupted a lot of matters of state and weakened, including fiscal policy or monetary, as well as the conditions of the country's current overall especially the security file and its implications for the serious general situation in the country. said Yassiri that "the new controls led to draws people and owners of capital to buy the dollar from speculators and ordinary people without controls because the controls the government imposed on the buyers to provide guarantees as requested by the Security tax or passport, which led to the high exchange rate of the dollar against the dinar.
was MP for the mass of citizens parliamentary Abdul Hussein Abtan stressed that his bloc will not remain silent about the continuing decline in the value of the dinar and its impact on the country's economy and the lives of citizens especially low-income and poor people who, unfortunately, make up half of society. stressed Abtan told {Euphrates News} that "the central bank bears primarily the responsibility of improving the dinar exchange rate, it is not reasonable to have the country's reserves estimated at 74 billion dollars and the dinar assaulted him in front of the eyes everyone. "
he said," on the central bank to take action fast and needed to be one dollar versus thousand Iraqi dinars, and this is what our work during the previous years and we have achieved stable dinar with the reserves did not exceed $ 30 billion at the time. "The Committee on the economy and investment representative has confirmed that the differences and political crises that hit the country and the lack of clarity of central bank policy led to the fluctuation of the exchange rate of the dinar against the dollar.
The issue of the Central Bank, which led to the dismissal of Central Bank Governor Sinan Al-Shabibi and set Abdel Basset Turki instead proxy in addition to the number of staff was due to the depreciation of the Iraqi dinar against the us dollar, but these actions did not limit the decline.
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