Category: Dinar Exchange Rate

Finance committee member in Iraq urged for supporting the stability of Iraqi dinars

The member of the Finance Committee, MP of the Kurdistan Alliance, Dlair Qadir called the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar.

Finance committee member in Iraq urged for supporting the stability of Iraqi dinars

The member of the Finance Committee, MP of the Kurdistan Alliance, Dlair Qadir called the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar.

He opined that the central bank of Iraq should fulfill the pending demands for setting up a mechanism that will facilitate the sale of hard currency, whether in the auction or Windows sales in the banks in order to satisfy local market demand for the dollar.

He also added that the process of selling dollars will support the stability of the Iraqi dinar exchange rate because it will ensure the delivery of the dollar to target groups of companies and citizens and businessmen, it must be Work in this direction, indicating that the tightening will make the local currency low against international currencies, as happened during the past few months.

Central Bank of Iraq has to come up with robust planning in order to stop the fluctuations of Iraqi dinars against the US dollars. All eyes are now on the future measures that will be taken by the Central Bank of Iraq, regarding the stability enhancement of Iraqi dinars.

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Need to facilitate the procedures for the sale of hard currency to support the stability of the Iraqi dinar

Member parliamentary Finance: the need to facilitate the procedures for the sale of hard currency to support the stability of the Iraqi dinar exchange rate Posted, 28-10-2013 05:06 AM Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler capable of, the Central Bank of the need to facilitate the […]

Finance Committee Member: the need to facilitate support of the dinar exchange rate

Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler capable of, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar.

Said is capable (of the Agency news): The Central Bank of the demands of setting up a mechanism facilitate the sale of hard currency, whether in the auction or Windows sales in the banks in order to satisfy local market demand for the dollar. added: that facilitate the process of selling the dollar will support the stability of the Iraqi dinar exchange rate because it will ensure the delivery of the dollar to target groups of companies and citizens and businessmen, it must be Work in this direction, indicating that the tightening will make the local currency low against international currencies, as happened during the past few months.

This testifies Iraqi dinar exchange rate fluctuation against the U.S. dollar because of the measures the central bank for the process of the sale.

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Finance Committee Member: the need to facilitate the procedures for the sale of hard currency to support the stability of the dinar exchange rate

Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler capable of, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar.

CBI increased its cash reserves to $76 Billion to support the dinar exchange rate, says Finance Committee

Member of the Finance Committee: the Central Bank use the increase in the cash reserve to support the dinar exchange rate

19-10-2013 12:56 PM

Baghdad (newsletter). Student member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is able to exploit the increase in the cash reserve of hard currency to support the Iraqi dinar exchange rate against the US dollar.

He is capable of (News Agency): the figure announced by the Central Bank for foreign currency cash reserves of 76 billion dollars, must be backed up by precise data provided by the Bank to the Finance Committee, not just the media’s launches here and there.

He added that if the increase in the cash reserve to the number that is too large, the Central Bank is used to support the Iraqi dinar exchange rate against the u.s. dollar as responsible for monetary policy in the country.

The Central Bank has increased reserve of hard currency Iraq to 76 billion dollars was up to 66 billion dollars.

Link

CBI increased its cash reserves to $76 Billion to support the dinar exchange rate, says Finance Committee

Baghdad (newsletter). Student member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is able to exploit the increase in the cash reserve of hard currency to support the Iraqi dinar exchange rate against the US dollar.

BWM 10/7/2013

Something for non essential government employees to read during the shutdown… It’s so easy in the day to day “miraculous” postings to get lost in the FACT that we’ve heard this all before… many times. Let me begin by saying some of these comments will be neither popular nor as remarkable as they sounded the [...]