Economist reveals the four solutions to raise the exchange rate of the dinar against the dollar

[arh777]

Economist reveals the four solutions to raise the exchange rate of the dinar against the dollar
On: Sun 05/13/2012 14:14



Baghdad (news) .. detect an economist Salim al-Bayati, on the government's intention to take new measures will take place during the next two months to raise the Iraqi dinar exchange rate against the dollar, indicating that the absence of oil policy was the most important factors of the high price of the U.S. dollar.
Bayati said (of the Agency news) said on Sunday: The government will take four steps to raise the Iraqi dinar exchange rate against the dollar, where the central bank will open a large auctions, in addition to control of the companies and retail banking in multiple ways undisclosed Bayati.

He added, will also be setting conditions for the import process that contribute to raising the dinar exchange rate, will also review the state policy and the oil revenues.

He pointed out: that the absence of political oil was one of the most important factor in the low exchange rate of the dinar against the dollar.

This saw the exchange rate stability during the past few days in front of the U.S. dollar by about (1227), after he arrived (1300).

The Economist: The government's reliance on oil revenues and what the Central Bank of revenue in the creation of balance and stability of the exchange rate at a particular number is one of the reasons for the increasing demand for the dollar, as well as Ziad demand for imports that contribute to increasing the demand for the dollar, as well as to the smuggling of currency. / End / 21. a. m /

http://translate.google.com/translat...iew_41953.html

[Voyeur]

Looks like they are considering monitizing the oil to increase the value of the currency.
That was the topic of some discussion on this forum a few years back. (it could be HUGH!)

[Shauna]

From ikhnews Sunday 13-05-2012

Economist reveal four solutions to raise the price of the dinar against the dollar

Date: Sunday, 13-05-2012 02: 14 pm

Baghdad (newsletter) ...Detect Economist Salim Al-Bayati, of the intention of the Government to take new measures within the next two months will be to raise the price of the Iraqi dinar against the dollar, noting that the absence of oil policy were the most important factors of the high price of the u.s. dollar. He said Al-Bayati (News Agency news) on Sunday: that the Government will take four steps to raise the price of the Iraqi dinar against the dollar, the Central Bank will open great auctions, add to control banking companies and shops with multiple ways of undisclosed Al-Bayati. He added: it will be setting conditions for the import operation to lift the dinar, the State will also re-examine the oil policy and revenue. Noted: the absence of oil was one of the most important political factors the low exchange rate of the dinar against the dollar. This saw the exchange rate stability over the past few days against the US dollar by about (1227), after it arrived (1300). The Economist said: the adoption of Government oil revenues, the Central Bank's revenues in equilibrium and stability of exchange rate when a number is one of the reasons for the increased demand for the dollar, as well as Ziad demand for import operations that contribute to increasing demand on the dollar, plus currency smuggling./finished/21. n. Eng.

http://www.microsofttranslator.com/b...iew_41953.html

[Captain Kirk]

Dinar Movement?

I guess it's better than a 'bowel' movement.

The sooner one is squeezed out the better.

[Hope Full]

Thanks arh777! You always post the good stuff keep it up!!

[copper13]

You Da Man! arh777!!! Thanks for the post! I see new hope on the horizon?

[martarich]

It's about time they started waking up.

[40plus]

Dinar Movement?

I guess it's better than a 'bowel' movement.

The sooner one is squeezed out the better.

Please get a better picture of Kirk...your avatar looks like a Kirk pimple that needs to be 'squeezed'.