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Dinar Iraq News

Increase in dinar value is due to central bank's regulatory procedures, says parliamentary committee

24/05/2012 14:43 BAGHDAD, May 24 (AKnews) - The Iraqi parliament's finance committee stated yesterday that applying its proposal submitted to the Central Bank of Iraq (ICB) about increasing the number of agencies responsible for the sale of hard currency has contributed to raising the value of the dinar against the US dollar

Iraqi dinar, Iraq moneyThe presence of Rafidain and Rasheed banks has increased the number of agencies responsible for the sale of hard currency.

Finance committee member Hadi Amin said: "This action contributed to raising the value of the Iraqi dinar against the dollar and the central bank will keep, in its procedures, the stability of this state."

The ICB acknowledged earlier the presence of an imbalance in the Iraqi dinar exchange rate and confirmed its quest to unify the exchange rate between it and the local markets. The ICB at the same time denied any deterioration in the value of Iraqi dinar.

The price of the Iraqi dinar witnessed a decline during the last few weeks, with the exchange rate reaching about 1,127 dinars for one US dollar in the local market.

Officials in local banks attributed this to the ICB's further procedures in the auction sale of foreign currency.

Local media reports stated that the issue of smuggling hard currency from Iraq to Syria and Iran on the border crossing points is increasing but this was not confirmed by the ICB.

By Raman Brosk

RN/DM/AKnews
Meningkatkan nilai dinar adalah kerana prosedur peraturan bank pusat, kata jawatankuasa parlimen
24/05/2012 14:43

BAGHDAD, Mei 24 (AKnews) - jawatankuasa itu parlimen, Iraq kewangan dinyatakan semalam bahawa mengguna pakai cadangan dikemukakan kepada Bank di Pusat Iraq (ICB) tentang meningkatkan bilangan agensi-agensi yang bertanggungjawab untuk penjualan mata wang keras telah menyumbang untuk meningkatkan nilai dinar terhadap dolar Amerika Syarikat (AS)

Dinar Iraq, Iraq kehadiran moneyThe Rafidain dan bank Rasheed telah meningkatkan bilangan agensi yang bertanggungjawab bagi penjualan mata wang keras.

Kewangan ahli jawatankuasa Hadi Amin berkata: "Tindakan ini menyumbang kepada meningkatkan nilai dinar Iraq berbanding dolar dan bank pusat akan menyimpan, dalam prosedur, kestabilan negeri ini."

ICB mengakui awal kehadiran ketidakseimbangan dalam kadar pertukaran dinar Iraq dan mengesahkan usahanya untuk menyatukan kadar pertukaran antara ia dan pasaran tempatan. ICB pada masa yang sama menafikan sebarang kemerosotan dalam nilai dinar Iraq.

Harga dinar Iraq menyaksikan penurunan dalam tempoh beberapa minggu lepas, dengan kadar pertukaran mencapai kira-kira 1127 dinar untuk $ 1 dalam pasaran tempatan.

Pegawai di bank-bank tempatan yang dikaitkan ini kepada prosedur selanjutnya ICB dalam jualan lelong mata wang asing.

Laporan media tempatan menyatakan bahawa isu mata wang penyeludupan keras dari Iraq ke Syria dan Iran di sempadan melintasi mata semakin meningkat tetapi ini tidak disahkan oleh itu ICB.

Oleh Raman Brosk

RN / DM / AKnews
 


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