Over a number of economists that the local currency exchange rate stability an important tool designed to curb inflation caused by currency and measurement of volume changes in economic realities as well as enhancing the purchasing power of the dinar.
And Deputy Central Bank Governor mzhrmhamd valid for (economic term): the stability of the Iraqi dinar is considered an important means for targeting inflation and contain and tackle him stating it is one of the achievements of monetary policy in Iraq. Added benefit: monetary policy based on the time a golden triangle alhadarali highest cash reserves in the history of Iraq estimated (59 billion dollars), stable four years arriving with falling inflation to one decimal place.
He continued: the dinar value represents about foreign to the outside world, pointing out that this stability is important as one of the tools of influence on inflationary expectations.
And he said to a term called structural forces within the economy to create a continuous wave of boiling and ranges far paid alasaarali to serve as a monopoly power within the economy.
Saleh said that monetary policy plays an important role in stopping inflationary expectations resulting from the impact of the outside world over Iraq, pointing out that exchange rate stability will help reduce the volatility of exchange rates or inflation as high food importer in the world.
He drew interest that Iraq currently possesses strong foreign currency reserves, which is a cover of the local currency, noting that inflation fell to two scales decimal places.
His count Economist Majed mock Iraqi dinar exchange rate against other currencies is an important means of measuring changes affecting the economy in General stating that the objectives of monetary policy in Iraq.
Mock said for (economic term): despite the fluctuations, currency stability and the stability and strength reflects the strong confidence of the Iraqi monetary stability both internally and externally what attracts foreign investor to Iraq, indicating that investors ‘ accounts will build on firm foundations, foreign investment projects do not see any weakness only by global changes.
Mock said: the lack of a clear fiscal policy making monetary policy avoids domestic pressures resulting consumerism and the economy in chaos, pointing out that this mess caused a steady increase in prices and price inflation.
The Economist said Subhi Al-Badri (economic term): the persistence of local currency prices enhances the purchasing power of the dinar, whether at home or abroad, stressing that this guarantees consistency as economic security and political stability of the mortgaged to reduce caste differences between groups in society.
Badri said: the Iraqi economy moving now to capitalism this gesture shows full awareness by monetary policy in Iraq.
Badri said: that the slight increase in world oil prices in the market helped steady local currency.
In turn, banking expert said Farouk Ramadan (economic term): the stability of domestic currency stability means one way or another the stability of the Iraqi economy in all its forms, stating that the Central Bank’s policy to maintain the dinar by subtracting sums to the public for the purpose of imports and foreign transfers in addition to carrying out the requirements of the external services needed by the particular citizen living abroad.
Ramadan added: This generates some sort of security, stability and confidence among foreign investors wanting to invest in Iraq.
Ramadan: the drew to high world oil prices and the relative stability for the level of assessed oil estimates in the general budget in Iraq played a significant role in currency stability, noting that Iraqi currency inflationary currency.
Between Ramadan: accurate equation should be found between the gradual reduction of the purchase price of foreign currency, pointing out that US dollar is equivalent to 1,000 dinars, so we can delete three zeros from the currency.
The financial expert considered sentenced Zarzis local currency stability stability conducive to non-high merchandise.
Financial expert said Zarzis (economic term): the stability of the Iraqi dinar against other foreign currencies earned interest in Iraqi citizen did not influence the prices of products and goods, indicating the possibility of control over monetary policy.
The Zarzis: this stability in local currency would help conceal the existing possibility of averting inflation problems resulting from inflation.
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