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Monday, March 11, 2013

Economist Opinion: IQD needs economic stability to make it a desirable currency internationally, 11 MARCH

Economist Opinion: IQD needs economic stability to make it a desirable currency internationally

Financial expert: Iraqi dinar needs economic stability to make it a desirable currency internationally

Date: 2013/03/11 12: 31: 14 Monday
Economic expert Hamid al-Musawi, [discussed] the importance of activating productive sectors [and] reduce foreign imports of goods and services in support of the Iraqi dinar and make it desirable for all countries of the world.
He said al-Musawi (News Agency): [The current] monetary policy pursued by the Central Bank with responsibility forglobal and regional States rejects dealing in Iraqi dinar, as it does not exit the large amounts of national currency for fear of fraud.
He added: the Iraqi dinar needs political stability and the economic diversification of revenue and increase the total production of the country and keep the price paid for hard currencies as the dollar to become an international currency dinar is desirable in all countries of the world.

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