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BatmaninIraq
06-27-2015, 12:04 PM
Central calling on the government to keep track of the money and set the border to keep the dollar exchange rate (http://stat.dealtime.com/DealFrame/DealFrame.cmp?bm=866&BEFID=96392&acode=887&code=887&aon=&crawler_id=1935103&dealId=gtNrDP7dRMfn7tPH32nd-w%3D%3D&searchID=&url=http%3A%2F%2Fwww.cafepress.com%2F%2B%2C9666236 07%3Futm_content%3DChannelAdvisor_US_shopping2%26u tm_medium%3Dproductfeed%26utm_source%3DCSE&DealName=CafePress%20Dollar%20Yen%20Exchange%20Rat e%20Graph%20Golf%20Balls&MerchantID=523885&HasLink=yes&category=0&AR=-1&NG=1&GR=1&ND=1&PN=1&RR=-1&ST=&MN=msnFeed&FPT=SDCF&NDS=1&NMS=1&NDP=1&MRS=&PD=0&brnId=2455&lnkId=8070676&Issdt=150626050345&IsFtr=0&IsSmart=0&dlprc=19.5&SKU=966623607_692)


BAGHDAD / Amer Mohi


Called on the Central Bank of Iraq, on Friday, ethnic government to control the border and keep track of the money that comes out of the country and the fight against economic crime to reduce the high price of the dollar against the Iraqi dinar, and while pointing out that monetary policy will not be able to own the market adjust, Economic Adviser to the Prime Minister stressed The central has sufficient tools to maintain the stability of the exchange rate (http://www.knetbooks.com/search-results?terms=9781138819375&referrer=KBCJ).


He said the Central Bank Council member Majid picture in an interview for the "long", "The bank has a reserve of foreign currency for a long enough period, it is difficult to Aydkh to the Central Bank of the financial amount to be decided by the market."
He said the picture that "the stability of the dollar exchange rate does not depend on the central bank alone, but there are many controls, which, if applied across the stakeholders we will not face a sudden any rise of the dollar, because pumping money is not the only solution in Iraq."

He stressed that the picture "of these controls are within the limits set with the States and not to allow the smuggling of currency, as well as economic market regulation, and the fight against economic crime," stressing that "these are things that have made the dollar rises constantly."

He called expert as prime minister to "cooperate with the central bank and activating its role so that it can fight who contribute to rising dollar, in addition to make critical decisions about it", adding that "monetary policy is not sufficient to set the market on its own."

On the allocated loan funds said Bank member that "the beginning of next July will be released amount trillion dinars for small and large projects," pointing out that "the launch of $ 5 trillion dinars for banks and specialized housing fund pending the organization operations carried out by the Bank."
For his part, the prime minister for economic affairs adviser said the appearance of Mohammed Saleh, "long", that "the stability of the dollar's exchange rate (http://www.knetbooks.com/search-results?terms=9781138819375&referrer=KBCJ) against the Iraqi dinar is the duty of the central bank is responsible for how to make it settles according to what exists has possibilities."
"The central bank is of the dollar exchange rate will be determined according to Maimitlleke of tools, as well as read the economic and monetary policy being responsible for the issue of the dollar exchange rate (http://stat.dealtime.com/DealFrame/DealFrame.cmp?bm=866&BEFID=96392&acode=887&code=887&aon=&crawler_id=1935103&dealId=gtNrDP7dRMfn7tPH32nd-w%3D%3D&searchID=&url=http%3A%2F%2Fwww.cafepress.com%2F%2B%2C9666236 07%3Futm_content%3DChannelAdvisor_US_shopping2%26u tm_medium%3Dproductfeed%26utm_source%3DCSE&DealName=CafePress%20Dollar%20Yen%20Exchange%20Rat e%20Graph%20Golf%20Balls&MerchantID=523885&HasLink=yes&category=0&AR=-1&NG=1&GR=1&ND=1&PN=1&RR=-1&ST=&MN=msnFeed&FPT=SDCF&NDS=1&NMS=1&NDP=1&MRS=&PD=0&brnId=2455&lnkId=8070676&Issdt=150626050345&IsFtr=0&IsSmart=0&dlprc=19.5&SKU=966623607_692)and stability of the market to an independent body does not affect the market process."
He stressed the need to "stabilize the dollar exchange rate at the present time when a certain amount, whether big or small, but should be stabilized," stressing that "the Bank has all the ingredients that make he can keep the price of the dollar in the Iraqi market."

In turn, an expert on economic affairs Ahmed Fahmy said in the "long" that "what is happening in the Iraqi financial market instability in the US dollar exchange rate (http://stat.dealtime.com/DealFrame/DealFrame.cmp?bm=866&BEFID=96392&acode=887&code=887&aon=&crawler_id=1935103&dealId=gtNrDP7dRMfn7tPH32nd-w%3D%3D&searchID=&url=http%3A%2F%2Fwww.cafepress.com%2F%2B%2C9666236 07%3Futm_content%3DChannelAdvisor_US_shopping2%26u tm_medium%3Dproductfeed%26utm_source%3DCSE&DealName=CafePress%20Dollar%20Yen%20Exchange%20Rat e%20Graph%20Golf%20Balls&MerchantID=523885&HasLink=yes&category=0&AR=-1&NG=1&GR=1&ND=1&PN=1&RR=-1&ST=&MN=msnFeed&FPT=SDCF&NDS=1&NMS=1&NDP=1&MRS=&PD=0&brnId=2455&lnkId=8070676&Issdt=150626050345&IsFtr=0&IsSmart=0&dlprc=19.5&SKU=966623607_692) and direction of the price upward indicates a clear lack of the role of the Iraqi Central Bank in the market control," pointing out that "Thread due to the orientation of the state towards austerity and adjust Srvyatea but should make it clear that this austerity and adjustment on the basis of the safety of the national economy as the high dollar exchange rate (http://stat.dealtime.com/DealFrame/DealFrame.cmp?bm=866&BEFID=96392&acode=887&code=887&aon=&crawler_id=1935103&dealId=gtNrDP7dRMfn7tPH32nd-w%3D%3D&searchID=&url=http%3A%2F%2Fwww.cafepress.com%2F%2B%2C9666236 07%3Futm_content%3DChannelAdvisor_US_shopping2%26u tm_medium%3Dproductfeed%26utm_source%3DCSE&DealName=CafePress%20Dollar%20Yen%20Exchange%20Rat e%20Graph%20Golf%20Balls&MerchantID=523885&HasLink=yes&category=0&AR=-1&NG=1&GR=1&ND=1&PN=1&RR=-1&ST=&MN=msnFeed&FPT=SDCF&NDS=1&NMS=1&NDP=1&MRS=&PD=0&brnId=2455&lnkId=8070676&Issdt=150626050345&IsFtr=0&IsSmart=0&dlprc=19.5&SKU=966623607_692) would mean lower value of the Iraqi dinar. "

He added that "the decline of the Iraqi dinar exchange rate means a decline evident in the value of staff sliced ​​salaries and wages of employees and wage earners, which is extra pressure pays the price citizen with limited income," stressing that "the dollar will remain in the swing price unless the central bank is due to the exercise of its role in pumping the amount of currency to the dollar needed by the market, even if this was the pumping of the existing currency reserves at the Central Bank in order to ensure market balance and therefore the safety of the national economy (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=381302658011&item=381302658011). "
Governor of the Central Bank announced on the Keywords (June 18, 2015) that "the decision to cancel 8% of customs and excise tax imposed on the purchase of the dollar exchange rate will decrease over the next week, and will contribute to lower prices of consumer goods."

According Keywords in his press conference that "the exchange rate appreciation is worth pursuing and patch because what happened in the last days of the rapid rise of the exchange rate is to lock in profits and also involves other targets do not go into detail because they were not natural, where led by one day to rise a hundred degrees and these factors and unnatural causes led to this rise; but the question here is do you hold such attempts and whether the exchange rate (http://www.knetbooks.com/search-results?terms=9781138819375&referrer=KBCJ) will change to say here that the practical realities can not be compatible with such attempts. "

He noted that "the exchange rate may have affected consumer spending and inject money into the market and a weak government spending, stressing that there is coordination between the financial and theWorld Bank (http://www.ebay.com/sch/i.html?_nkw=world+bank) with a high degree on a daily basis and there are things that in consultation avoid affecting the exchange rate."
He said, "Statistics shock that I got for the high exchange rate (http://www.knetbooks.com/search-results?terms=9781138819375&referrer=KBCJ) causes us to look for why demand for the dollar has grown, and we see that it happened to several factors, including increasing the volume of imports and the migration of money to other countries and we stand with this phenomenon and nationally and how to achieve stability and bring money and keeping it at home and bring and the entry of foreign currency into the country foreign investments. "