Tuesday, May 29, 2012

Dinar = Dollar ~ The Central Bank introduced a new strategy for equal dollar dinar ...

Bumped from last night ...

2012-05-29

The Central Bank introduced a new strategy for equal dollar dinar

Baghdad, The Central Bank announced new steps would raise the value of the Iraqi dinar against the dollar.


Deputy Central Bank Governor Mohammad Saleh appearance in a special correspondent (JD) that the Central Bank began applying a new strategy will emerge with the equation equal the dollar if the dinar had the right atmosphere.

Saleh said the new strategy will upgrade the Iraqi dinar as a step towards reform of the financial system in Iraq and stimulate the economy, and then move the draft to delete zeros out the equation equal the Iraqi dinar with the dollar and this requires several factors such as the advancement of agricultural, industrial and service sector investment.

The current situation is optimistic about the future of the economy and devaluation and their purchasing power.

source