Date: 2012-08-18 12: 02: 07 Saturday
Baghdad (News) … Invited Member of the Finance Committee, the National Alliance Deputy//abdolhossein Al-yasseri, need diversity of hard currency reserves by the Central Bank with international currencies as euro walbaon Sterling to avoid the impact of increased dollar on the economy and national currency.
He said Al-yasiri (News Agency news) on Saturday: Although the dollar has generally accepted in all States of the world, but rely on for all transactions is incorrect, because the increased demand and higher value will affect the local currency, so you should encourage banks to deal with other international currencies as Euro Sterling walbaon, in addition to the dollar.
He added: to accept the currency in international transactions depends on the general orientation, the States economy strong, but its currency is not as Japan and other countries have significant cash reserve and also its currency is not international, while some States placed a good commercial and its currency are not accepted in the world such as China, noting a general orientation by the Nations of the world to dollarization, international currency are treated even in villages and rural areas.
