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The IQD Team: Iraqi Dinar Recovering and has become internationally recognized

9/24/2011

 
Abd al-Husayn al-yasseri: Iraqi dinar recovering and has become internationally recognized
 
Date: Saturday 24-09-11 01: 10 pm
 
Baghdad (newsletter). The parliamentary Finance Committee member and Deputy//National Alliance, said Abdel Hussein Al-yasseri, Iraqi dinar currently recovered than before and began dealing in outside, pointing out that the Central Bank of Iraq has limits (57) billion dollars and this demonstrates the strength of the Iraqi economy.
 
He said Al-yasseri told reporter (News Agency KCNA) Saturday: Iraqi dinar currently recovering began almost than before and are treated in most countries as Syria, Jordan and Lebanon and other dinar could be replaced with any international currency, stressing that the Iraqi dinar is now internationally recognized currency as previously, and raise the price of either the US dollar, stating that the dinar against the dollar (3027) dinars, now price (1191), this indicates The Iraqi dinar started recovering.
 
Al-yasseri referred to the Central Bank of Iraq has in its limits (57) billion dollars and this demonstrates the strength of the Iraqi economy than these are to strengthen the Iraqi dinar.
 
He said the Central Bank of Iraq on 22 June last, he decided to restructure the domestic currency to develop payments system in the country. It was also the International Monetary Fund in August last year to support the Iraqi economy if it a number of economic measures, including allocation of banks and raise three zeros from the currency and debt repayment and compensation rests with Iraq.
 
And functions of the Central Bank of Iraq boils down to maintaining price stability, monetary policy implementation, which include exchange rates, foreign exchange reserves management, issuing currency and management, in addition to regulating the banking sector. /Completed/8 l. Eng. .. 

LINK
 


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