A plan to raise the exchange rate of the dinar in June!

5-31-13 Phoenix3333: Iraqi Dinar Exchange Rate .. Return to True Price .. Financial expert: new Central Bank action would support the dinar exchange rate conversion control financial condition in banks.

Hopefully, the return will be to a rate which will have significance .. If not, why would they even bother to make repeated statements.

A plan to raise the exchange rate of the dinar in June! different source same info. Financial expert: new Central Bank action would support the dinar exchange rate conversion control financial condition in banks.

The financial expert said Mohsen Ali, Iraqi dinar exchange rate stability against the dollar after the new measures by the Central Bank, provided that they are accompanied by regulatory operations of banks and banking companies.

Ali (News Agency): the low exchange rate of the Iraqi dinar during the last period due to poor oversight by the Central Bank to banks and banking companies, in terms of financial transfers, as well as procedures for the sale of hard currency that the Bank missed so much.

And the new plan which intends to implement will support Bank Iraqi dinar exchange rate and return it to the true price, but only if accompanied by similar controls to minimize currency smuggling and waste of funds.

The parliamentary Finance Committee that the Central Bank informed her that he would start next month with the application of the package of measures aimed at the exchange rate of the dollar against the Iraqi dinar to normal while preventing recurrence if Exchange rate volatility.

Iraqi dinar value has declined gradually over the past few weeks, bringing the price of the dollar to around 1129 DT was stable from 1120, the highest rate of exchange-rate mechanism for the last two years.