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View Full Version : Iraqi Government forms committee to set value of the Iraqi dinarPosted: June 11, 2013



BatmaninIraq
06-11-2013, 10:08 PM
Iraqi Government forms committee to set value of the Iraqi dinarPosted: June 11, 2013 http://currencynewshound.files.wordpress.com/2013/02/screen-shot-2013-02-16-at-12-22-47-pm.png?w=175&h=126 (http://thecurrencynewshound.com/2013/02/16/cbi-looking-for-methods-to-advance-level-of-iqd-and-bank-involvement-says-chapter-vii-threaten-bank-investment/screen-shot-2013-02-16-at-12-22-47-pm/)2013-06-10
The Iraqi Government announced on Monday, 10 June, the formation of a Joint Committee of the ministries of finance, planning and the Central Bank to adjust the value of the Iraqi dinar against foreign currencies and prevent slumping.

He said the Economic Adviser to the Government of Iraq Salam Al-Quraishi, the Committee will develop several regulations aimed at keeping the exchange rate of the Iraqi dinar in the acceptable level and prevent the decline in its value.

Al-Quraishi said that it will support the global value of gold and prevent manipulation by traders and banks foreign currency exchange rate of the dollar and the euro.