Thursday, April 1, 2010

ID-$ exchange rates are constant – CBI

ID-$ exchange rates are constant – CBI

April 1, 2010

BAGHDAD / Aswat al-Iraq: The exchange rates of the Iraqi Dinar (ID) against the U.S. Dollar is currently constant and stable, an adviser of the Central Bank of Iraq (CBI) said on Thursday.

“Currency policies are normally unstable in an absolute way,” Modhihar Mohammed Selah told Aswat al-Iraq news agency.

He said that the CBI intervenes to respond to legal demands of customers regarding the U.S. Dollar.

MH (P)/SR