Financial expert: the U.S. dollar will rise slightly in front of the dinar

6.2.2012 | (Voice of Iraq) - Add Comment - Baghdad (news) likely financial expert, Abdul Hussein Ismail high exchange rate of the dinar against the U.S. dollar slightly in the coming period due to reduced selling the dollar at an auction the central bank and the increased demand for purchase by traders neighboring countries. said Abdul-Hussein (of the Agency news) said on Monday: The Central Bank is controlled entirely on the phenomenon of withdrawal of the dollar through monetary policy the current support of the dinar and based on a solid base of the cash reserves of hard currency, especially since all banks operate under the control of the Central . He added that the dinar if left without control to connect the exchange rate to the (1500) dinars per U.S. dollar each. Revealed: the existence of a new plan with the central bank to stop the attrition constant of hard currency in the coming period. noteworthy that the Iraqi dinar exchange rate against the U.S. dollar remains stable between (1200) to BD (1210) to the dollar, despite the increased demand for purchase of Iraqi banks.

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