Economist: price rise in value of IQD against the USD is not in interest of Iraq
Economist: price rise in the value of the Iraqi dinar against the dollar is not in the interest of Iraq
Special - scales News - Said economist Abdul Hassan al-Shammari, Thursday, that the price rise in the value of the Iraqi dinar against the US dollar is not in the interests of Iraq's economy, demanding to be dinar 1,500 dinars to the dollar to pay employees' salaries.
Al-Shammari said L / scales News / "The Iraqi dinar value is very strong compared to the US dollar and this is not in the interests of Iraq," stressing that "in the interest of Iraq to drop the price of the dinar so advanced and developed countries compete to lower its currency in order to export because whenever declining currency increase local exports to that country."
And he demanded that "the Iraqi dinar 1,500 dinars to the dollar to enable the advancement of Iraq again and pay the employees' salaries," stressing that "the low salaries of the three presidencies is not enough to cover the deficit in the Iraqi budget."
The central bank sales recorded, on Wednesday, stable in the auction for the sale of foreign currency at $ 171 million, after yesterday sold at the same price. It ended 29 quarters e