Banker: sell the dollar at a rate (1189) JD will make the exchange rate of the national currency stable and reduce inflation Date: 09/01/2012 13:36:04 Saturday
Baghdad (news) .. Noted director of the Association of private banks Abdul Aziz Hassoun, that sell dollars to banks participating auction currency rate (1189) dinars to the dollar will make the exchange rate of the dollar against the dinar stable.
The Goldfinch (of the Agency news) on Saturday: The call central bank to buy dollars at (1189) dinars to the dollar will stabilize Iraqi dinar exchange rate, adding that the central bank select selling currency for citizens b (10) thousand dollars per person for the purposes of travel for treatment or for tourist purposes.
Confirmed: to increase the width of the dollar will lead to a lack of demand and thus will lead to the stability of exchange rate fluctuations, which hopes the Iraqi Central Bank.
He explained: to increase the dollar and the high exchange rate against the dinar led to high rates of inflation in Iraq, prompting the central bank to dollar could accelerate drag on private banks to increase supply and reduce demand and reduce inflation.
The Central Bank called on traders and industrialists and other productive segments to buy dollars from banks participating in the auction of foreign currency rate (1189) dinars per dollar.
[CENTER][COLOR=#b22222][B][SIZE=3]"Truth is everlasting, but our ideas about truth are changeable. Only a little of the first fruits of wisdom, only a few fragments of the boundless heights and depths of truth, have I been able to gather"[/SIZE] [/B][/COLOR][/CENTER]