BAGHDAD – Ismail Ramadan saw the Iraqi market, a rise in the price of the dollar against the dinar and in some cases to 1227 dinars to the dollar, the highest rate up to the exchange rate during the past two years.
He attributed the shop owners of banking in Baghdad that rise to the demand of citizens to buy food to prepare for the month of Ramadan and travel many families abroad.
said Mohammed Adnan Hussein, Managing Director of one of the banking companies that rise and fall of the exchange rate is linked to actions the central bank that determines the high price or low. are expected to offset the rise in the exchange rate of dollar decline in the volume of trading in the securities market Finance during the month of Ramadan. ,
says the director of the Iraqi market for securities that expectations about the low rate of circulation due to the concern of most traders their jobs other or their preparations for Ramadan and Eid al-Fitr.
The Cabinet has been formed in April / April, a committee headed by Deputy Prime Minister for Economic Affairs Rose Nuri Shaways to study the fluctuation of the exchange rate of the dinar, and the high prices of some foodstuffs.