Parliamentary economic reasons the dollar rise versus the dinar



November 14, 2016 | 7:43 pm - views: 64 watch


The Iraqi position network

The Parliamentary Committee on the economy and investment said Monday, causes of high dollar to Iraqi dinar, for the second consecutive month in markets amid the economic crisis plaguing the country.

Answer truthfully, Committee member Najib said that "there is a large and growing demand for dollars monthly estimated three billion dollars," indicating that "the possibility of the Central Bank under the low income compared with demand, not exceeded 2 billion and 500 million dollars."

Najib added that "increased demand for the show one of the reasons the dollar", stating that "the second reason for the lack of balance between the dollar and the dinar.

"There is a Joint Committee in the Bank works to balance the market between the dollar and the dinar, as well as maintaining a Reserve Bank, that cover all the applications you need to use the Reserve Bank."

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