Haitham al-Jubouri calls the central bank to raise the value of Iraqi dinar

Haitham al-Jubouri calls the central bank to raise the value of Iraqi dinar

08/01/2012 11:29:00
Haitham al-Jubouri calls the central bank to raise the value of Iraqi dinar against the U.S. dollar exchange rate


The independent Iraqi news agency / Baghdad / p. X ... A member of a coalition of state law, the Attorney Haitham Jubouri that the Iraqi currency Recent big fluctuations experienced a significant decline in the price of the Iraqi dinar against the U.S. dollar and the economic disaster that threatens to inflict damage to all citizens and called the Central Bank to work to raise the value of Iraqi dinar against the U.S. dollar exchange rate.

He Jubouri reporter (independent Iraqi news agency) that the central bank should take its role in this matter as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of Iraqi dinar and U.S. dollar equivalence.

He added that it is necessary Jubouri do no harm to the Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 of the budget to be determined properly.
He pointed out that the currency fluctuation prices bear the central bank and traders ...


http://www.ina-iraq.com/news/ektesad/8771.html


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Finance parliamentary calls to maintain the value of the dinar

Finance parliamentary calls to maintain the value of the dinar and not hurt the economy before the approval of the budget


January 8 2012

Baghdad - and babysit - The member of the Finance Committee MP Haitham Jubouri the central bank to increase the financial liquidity to maintain the value of the Iraqi dinar against the dollar.

He said in a press statement that "the Iraqi currency has led recent fluctuation represents a significant decline in the price of the Iraqi dinar against the dollar and this portends economic disaster caused damage to all citizens."

He Jubouri: "The central bank should take its role in this matter, as the issue price of the dinar based on supply and demand and thus should increase liquidity in order to preserve the value of Iraqi dinar and the dollar equivalence."

He explained: "It is necessary not to cause any damage in Iraqi dinars and the national economy as a whole, before the approval of the budget in 2012, in order that determined the budget the right way" ..

He pointed out that the currency fluctuation prices bear the central bank and traders. "

The House of Representatives ended yesterday in its second reading of the budget in 2012, sent by the Council of Ministers for discussion and approval. He was scheduled to reach the budget / 120 / billion dollars, but the objections by the International Monetary Fund, led to reduced to / 100 / billion dollars.

http://translate.google.com/translat...er/Issue/143/3

Oh yea, go for it, lets get this show on the road.