Problematic dollar

Problematic dollar




29/05/2013 12:00 AM

Yasser incumbent

A lot of talk about the dollar and the him abounded problems, and the importance of the dollar if the dinar healthy and strong as is the case in most oil-producing countries currencies but how can we get the Iraqi dinar to the level which imposes تسيده on currency this Masenbgesh the in this Amodna.

The monetary policy in مامضى years have adopted mechanisms disciplined contributed to reduce the exchange rate gradually until it reached a price record and by 1,200 dinars to the dollar after hitting to 2,400 dinars days of inflation, which انتاب Iraqi market at the time and settled price when the 1200 for a period of three years check remarkable stability at the time It was supposed to be up to 1,000 dinars in the year 2012 but the papers mixed up in that period and cracked the impact of exchange rate fluctuations between the unprecedented rise and gradual decline, but this time went out of usual Bnmrtin the Awakther.

We have accompanied this process announcement Central Bank intention deleting three zeros from the currency the meaning of the issuance of a new currency faced this proposal protests several led to postponed until further notice, and took advantage of this decision by speculators then what led to the loss of control over exchange rates and to this day, and so burnt goal It delivers to 1,000 dinars for Apple lost control of its persistence in spite of all the actions taken by the old administration and even the new administration.

Here we are not Nkal accusations but are looking for ways to seriously control the Saraf exchange reasonably lead to the stability of the market and rid the citizens of the burden of inflation, which gets because of the fluctuation of exchange rates with our recognition that happens to the exchange rate is normal and causes several of them out of control, but this does not prevent the policy Aoalah new name it in order to achieve monetary stability

Citizen is free to choose any currency circulated dollars or dinars, or others, and this is guaranteed by the Constitution but we have to identify the owner of the real need for dollars is not a strike Omen but monetary policy clear to the effect that so they can be firing sell the dollar at the official rate set by the Central Bank and by banks on condition that the citizen who wants the dollar to open an account at the bank who wishes to deal with the expense of dinar and Akharbaldolar thereby ensuring citizen's right to obtain dollar whenever he wants there is no need for queues degrading that we see every day in front of the doors of banks and every holder of the passport Vladai the passport because the citizens of entitlement to obtain dollar and other Lord, man who alleged that the bank has apologized for giving him a dollar because of the unavailability at that the bank regardless check drawn from the Central Bank of the amounts specified in such a case would be the dollar under the control of the central smoothly, and this mechanism will govern the control of every dollar and thereby contribute to activating the role of banks in the performance of duty banking.

Then there are those who believe that the way the current source of Astrezag It is also but can not address the problem, the problem of the biggest effects on the stability of the currency and the Tracker say that interest to get used to slide in need but will be reflected in their standard of living with the continuation of inflation and rising prices due to speculation and currency smuggling, the proposal debatable we put it in front of the central and our goal to find a way out of problematic Atarlthakik of monetary stability.

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Did not know that was in the constitution, will have to confirm this.