Date: Thursday, 26.04.2012 0:21
D. Fadel Abbas Mehdi network of Iraqi economists have led the media storm raised by the attempt to enter the Office of the Prime Minister the details of the work and functions of the central bank to increase speculation on the exchange rate of the dinar.
It contributed to the increase that speculation is unwarranted statements scientifically and statistically one of the economists close to the Prime Minister on the need for truncation of foreign currency reserves, regardless of the potential or lack of angles constitutional, legal and economic.
Such statements are studied in the content, timing and issued by the references close to encourage speculators to bet on the deterioration of the exchange rate and push them to further speculation, and this regardless of the role of countries neighboring Iraq in the sale of the dinar to buy dollars in the Iraqi market. (more…)