Central bank: no intention to amend the Iraqi dinar exchange rate 1-09
Central bank: no intention to amend the Iraqi dinar exchange rate
2016-01-09 | (Voice of Iraq) - Baghdad confirmed the central bank, the Sabbath, the lack of intent to amend the Iraqi dinar exchange rate, pointing out that the devaluation of the dinar would lead to damaging the purchasing power of citizens. The bank said in a statement that it "has no intention to amend the dinar exchange rate and that what is declared doing otherwise of any person or entity has not considered particularly after it has been installed price in the budget agreement with the Government and the International Monetary Fund. "The statement added that" the central bank is well aware that any reduction in the value of the dinar meant damaging the purchasing power of citizens because most of their imported . "The prime minister Haider al-Abadi said earlier, that the Iraqi currency backed strongly there is no fear on the exchange rate of the dinar against the dollar, as he pointed to the existence of" manipulation and conspiracy "to influence the current situation.