April 4, 2010
Economist: It is necessary to adopt the dinar in all business dealings
Arbil - The Undersecretary of the Iraqi Finance Ministry on Sunday, that in order to strengthen the Iraqi dinar exchange rate was changed to deal with tariff and unit using a mobile phone from the dollar to the Iraqi dinar, but economists view that "it is necessary to change dealing in the purchase of all goods from the dollar to dinar."
The Undersecretary of the Ministry of Finance Fadhil Prophet told Kurdistan News (Akaniwz) today, "because Iraq's national currency, they should support local currency in all business dealings of the Interior, not to deal with the currency of another foreign State, for example, are sold tens of thousands of cards shipment of mobile phones per day in dollars, but recently decided to sell these cards in Iraqi dinars, and this process is a step to strengthen the local currency."
He said the Prophet that "all operators are invited to adopt the Iraqi dinar in the calculation of unit cost price of queen, but we will not allow an increase the unit price of the call, because this decision should be made naturally."
For his part, the expert said economic substance Ahmed said "the Iraqi decision the adoption of the dinar in the price of telephone calls would have a positive impact in strengthening the local currency, because telecommunications companies have large amounts of capital, the majority of citizens are involved in these companies, and is daily buying and selling large numbers of mobile phone recharge cards.
He pointed out that "changing the deal from the dollar to dinar local, granting additional power to the dinar's exchange rate, because it enjoys the greatest confidence by the citizens, but it is necessary to the State to adopt this resolution in all business dealings, through the sale of all goods and other products, now are dealing with the dollar in the Iraqi markets broadly, and this has a negative impact on the local currency exchange rate. "
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Economist: It is necessary to adopt the dinar in all business dealings
Arbil - The Undersecretary of the Iraqi Finance Ministry on Sunday, that in order to strengthen the Iraqi dinar exchange rate was changed to deal with tariff and unit using a mobile phone from the dollar to the Iraqi dinar, but economists view that "it is necessary to change dealing in the purchase of all goods from the dollar to dinar."
The Undersecretary of the Ministry of Finance Fadhil Prophet told Kurdistan News (Akaniwz) today, "because Iraq's national currency, they should support local currency in all business dealings of the Interior, not to deal with the currency of another foreign State, for example, are sold tens of thousands of cards shipment of mobile phones per day in dollars, but recently decided to sell these cards in Iraqi dinars, and this process is a step to strengthen the local currency."
He said the Prophet that "all operators are invited to adopt the Iraqi dinar in the calculation of unit cost price of queen, but we will not allow an increase the unit price of the call, because this decision should be made naturally."
For his part, the expert said economic substance Ahmed said "the Iraqi decision the adoption of the dinar in the price of telephone calls would have a positive impact in strengthening the local currency, because telecommunications companies have large amounts of capital, the majority of citizens are involved in these companies, and is daily buying and selling large numbers of mobile phone recharge cards.
He pointed out that "changing the deal from the dollar to dinar local, granting additional power to the dinar's exchange rate, because it enjoys the greatest confidence by the citizens, but it is necessary to the State to adopt this resolution in all business dealings, through the sale of all goods and other products, now are dealing with the dollar in the Iraqi markets broadly, and this has a negative impact on the local currency exchange rate. "
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