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View Full Version : A proposal to make the official rate for the dollar at the central bank in 1300 dinar



BatmaninIraq
06-02-2016, 11:12 AM
A proposal to make the official rate for the dollar at the central bank in 1300 dinars


5/31/16


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BAGHDAD / JD / .. Parliamentary Finance Committee revealed, for a proposal by some economists to make the official price of $ 1,300 dinars, while suggesting that the central bank feared that because it will lead to more inflation in the market.
The rapporteur of the committee MP Ahmad Haji told / KD / that some economists have made a proposal to the Central Bank by making the official price of $ 1,300 dinars to face the financial crisis, but the central bank rejected on the grounds that it would lead to raising the price of the dollar in the market to more than 1,400 dinars to the dollar , and this will also lead to higher inflation rates in the market.
He added that the current dollar price determined by supply and demand rule, when the central bank reduces its sales when the dollar rises and pumping large quantities and price Baeks.