Related article ~ Iraqi Dinar To U.S. Dollar Will Continue to Increase ~ Finance Committee excludes the high value of the dinar against the dollar over the next year
17/11/2011
Finance Committee exclude the high value of the dinar against the dollar
Baghdad/Iraq's future
The parliamentary Finance Committee member excluded the placeholders for the Kurdistan Alliance Risalat Najib increase Iraqi dinar to the US dollar over the next year because the economy remains dependent on oil revenues annually.
Najib said in a press release yesterday, "I expect during the year (2012) Iraqi dinar retained its price US dollar is not worth the fact that Iraq's economy is still dependent upon the unilateral oil annual income, adding Najib:
If the Federal Government and the State of Iraq that the Iraqi dinar makes strong direction of foreign currency, it should consider how to strengthen the Iraqi economy and diversity through the activation of all economic sectors in the country followed.
There are frequent meetings of the management of fiscal and monetary policies and some members of the parliamentary Finance Committee on how to strengthen the Iraqi dinar against foreign currencies, saying: now applied measures are not taken to this theme but keep the price will continue until next year.
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