Posts tagged ‘Foreign Exchange’

dinar 2012 pic2

Many believe that the growing popularity of buying the dollar has led to a significant decline in the dinar… dollar and Iraqi dinar declines caused by immersing the monetary policy and Government intervention in the work of the Central Bank of Iraq.

“the crisis caused by the high exchange rate of the dinar against the dollar is a temporary crisis, evidence that what was announced by the Central Bank reserves rose to $ 74 billion”

“he said his WF friend called him the other day to let him know that they had a big meeting with top branch officials in the area.”

dinar 2012 pic2

“the dollar’s rise at the moment because the dollar speculators in the market, this temporary condition can be controlled.”

dinar

“We first need to recognize that the current issue with currency in Iraq is intended by the CBI….to loosen the grip on the remaining large note dinar.”

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