He declared the Iraqi Central Bank today announced the restoration of control over the exchange rates of the dinar in the Iraqi market, which saw over the past days an unprecedented decline of the value of the dinar against the dollar and other foreign currencies, which attributed the bank to increase the demand for dollar by the citizens and the private banks and banking companies.
Exchange rates of the Iraqi dinar and since the introduction of market sell currencies in the Central Bank was likely the balance of last resort where he managed and cross-use policy put the dollar through the auction and at prices determined by the economic vision to enhance the value of the dinar, was able to raise the value of the dinar gradually, was the exchange rates of the dinar after the events of 2003 is estimated at 2240 dinars / dollars, and after two years is now worth 1118 dinars / USD and this has continued stability until a week ago, and immediately after the announcement the U.S. side, the last troops of his Iraqi territory towards the base of Kuwait, was quick speculators to reduce the supply generally from quick to switch Dnanaarham dollars for fear of the deterioration of the situation and are raising the value of dollar by 17 points as the price of exchange and the day before from now 1227 dinars / dollars. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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