View Full Version : Baghdad to protest the high price of the dollar

06-17-2015, 08:03 PM
Dozens demonstrate in Baghdad to protest the high price of the dollar

Wednesday 17-06-2015 | 10:12:45


Twilight News / Dozens of people on Tuesday morning in the capital of Baghdad to protest the decline of the dinar exchange rate against the US dollar.[/ltr]
A reporter Twilight News, said the demonstration was launched in Muzaffar Square in eastern Baghdad's Sadr City, which is inhabited by workers and wage earners and employees with limited income
He said the reporter that the demonstrators demanded the federal government to take measures limiting the rise in the dollar price, and hold negligent officials perpetrators of this rise, and the prosecution of corrupt who threaten the economic security (http://www.knetbooks.com/search-results?terms=9780765627490&referrer=KBCJ) of the country.[/ltr]

The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1440 dinars to the dollar, compared to 1225 thousand dinars to the dollar during the month of February and 1,200 dinars to the dollar by the end of last year 2014.[/ltr]

The Iraqi central bank decided on Tuesday considered Saturday of each week normal working days, which means holding an auction to sell dollars and pumping more than in the domestic market in an effort to halt the decline of the dinar.

The bank also decided to reduce the period of deposit for feeding the external accounts of banks amounts, indicating that the deposit will be reduced from ten days to five days, and as of next July.