Senior Economist Invites the World Bank took its time in the Central project to raise zeros from Iraqi dinar
Baghdad
\ Iraqi files: called economic expert, Dr. Peace Smeisim CBI to wait to
raise his three zeros from Iraqi dinar in order to prevent the
occurrence of the illusion in cash between the nominal value and its
purchasing power, which affects the state employees with limited income.
Smeisim
said candidate for the Iraqi National List coalition, said the news
issued by the U.S. media speculation about the Iraqi dinar in
international stock markets, by more than 40% by 3 months Mthleeladtha
means of information leaked to the stock exchanges through American
circles the existence of a quantum leap in the Iraqi economy During the
next few months, especially after the signing of the licensing
contracts, oil, and assurances of international oil companies on the
possibility of raising Iraq's oil exports in less than a year to around
4 million barrels per day
She
added that Dr. Smeisim All these facts compel the CBI not to draw from
Iraq's cash deposits to cover the value of the exchange rate of the
equivalent of the U.S. dollar at the auctions held by the bank in order
to stabilize the exchange rate and a transition to achieve the price I
buy the Iraqi dinar by foreign banks was worth Indeed, under the future
developments and not the opposite to sacrifice the central bank Bodaiah
for the effective nominal value only of the Iraqi dinar, including sign
Moezkin dangerous state in the first exchange and cash deposits Iraq
policies are still not able to achieve value for money of the dinar
over the nominal value, and the second danger recruiting process for
the purposes of election apart from a purely legislative branch the
power to control Iraq's next parliament, which need to be approved on
the origin and utility of economic purchasing power of Iraqis, not the
motives of investment meant more than the rich and the poor poorer
Indicating
that the bank purports to do Almkzi delete zeros on the value of the
dinar to deliver the nominal value of Adel Dinra one Iraqi American
dollars, while not able to make the Iraqi dinar equivalent value for
money provided by the dollar in the United States or in any of the
neighboring countries, for example, the purchase of any goods or
medical services or services such as electricity, water, fuel, etc., in
the neighboring countries to buy the dollar value of "x" of gasoline,
but what the Iraqi dinar achieved after the lifting of the zeroes be
"nominal value - SS", estimated by economists by one third of the real
value of currency , ie, that the currency would lose a third of its
real value and will pay the price, fixed-income earners and creditors
and sales transactions on credit, this does not work for sustainable
development in the country, which will reflect negatively on the
ability of low-income access to the purchasing power of the Iraqi dinar
and the value of the emoluments much less than the value of the figure
paid to the fact that the Iraqi dinar will not achieve the required
purchasing power and this is what academics call it the "monetary
illusion"
Dr.
Smeisim stressed that waiting for positive economic developments during
the year and perhaps to the middle of next year, the economy would be
stronger Iraqi dinar to the dollar to offset the normal condition in
the market speculation, the role of the CBI case of regulatory seize
these positive developments only on what she said.
الأحد, 28 فبراير 2010 20:07 المدير
Sunday, February 28th, 2010 20:07 Director Baghdad
\ Iraqi files: called economic expert, Dr. Peace Smeisim CBI to wait to
raise his three zeros from Iraqi dinar in order to prevent the
occurrence of the illusion in cash between the nominal value and its
purchasing power, which affects the state employees with limited income.
Smeisim
said candidate for the Iraqi National List coalition, said the news
issued by the U.S. media speculation about the Iraqi dinar in
international stock markets, by more than 40% by 3 months Mthleeladtha
means of information leaked to the stock exchanges through American
circles the existence of a quantum leap in the Iraqi economy During the
next few months, especially after the signing of the licensing
contracts, oil, and assurances of international oil companies on the
possibility of raising Iraq's oil exports in less than a year to around
4 million barrels per day
She
added that Dr. Smeisim All these facts compel the CBI not to draw from
Iraq's cash deposits to cover the value of the exchange rate of the
equivalent of the U.S. dollar at the auctions held by the bank in order
to stabilize the exchange rate and a transition to achieve the price I
buy the Iraqi dinar by foreign banks was worth Indeed, under the future
developments and not the opposite to sacrifice the central bank Bodaiah
for the effective nominal value only of the Iraqi dinar, including sign
Moezkin dangerous state in the first exchange and cash deposits Iraq
policies are still not able to achieve value for money of the dinar
over the nominal value, and the second danger recruiting process for
the purposes of election apart from a purely legislative branch the
power to control Iraq's next parliament, which need to be approved on
the origin and utility of economic purchasing power of Iraqis, not the
motives of investment meant more than the rich and the poor poorer
Indicating
that the bank purports to do Almkzi delete zeros on the value of the
dinar to deliver the nominal value of Adel Dinra one Iraqi American
dollars, while not able to make the Iraqi dinar equivalent value for
money provided by the dollar in the United States or in any of the
neighboring countries, for example, the purchase of any goods or
medical services or services such as electricity, water, fuel, etc., in
the neighboring countries to buy the dollar value of "x" of gasoline,
but what the Iraqi dinar achieved after the lifting of the zeroes be
"nominal value - SS", estimated by economists by one third of the real
value of currency , ie, that the currency would lose a third of its
real value and will pay the price, fixed-income earners and creditors
and sales transactions on credit, this does not work for sustainable
development in the country, which will reflect negatively on the
ability of low-income access to the purchasing power of the Iraqi dinar
and the value of the emoluments much less than the value of the figure
paid to the fact that the Iraqi dinar will not achieve the required
purchasing power and this is what academics call it the "monetary
illusion"
Dr.
Smeisim stressed that waiting for positive economic developments during
the year and perhaps to the middle of next year, the economy would be
stronger Iraqi dinar to the dollar to offset the normal condition in
the market speculation, the role of the CBI case of regulatory seize
these positive developments only on what she said.