strengthening the Iraqi dinars - Reader comments at The New York Sun

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Think We're Losing Iraq? Take a Look at the Dinar

Submitted by Elvin, Jan 21, 2007 20:37

The banking and business community to show considerable interest in the proposal equality dinar dollar Finance Minister announced the Iraqi statement Zubaidi, "That the ministry and the Central Bank are considering a proposal to lift the value of the Iraqi dinar, and return to normal."

And Heymann told the minister to the concerns of the banking and business community, as well as citizens, fear of the Iraqi market due to the pressure of the implications of such a measure might lead to some sort of instability in trade exchanges, in estimating the value of the dinar exchange rate of foreign currencies, including the dollar. He described the High Director of the Bank of Credit Iraqi Fuad bono statement by the Minister of Finance "very important" on the one hand the equality of the dinar dollar, pointing out

He asked Acting Director of the Bank for International Investment Basra Badi intellectual, "Is the international debt reduction for Iraq and the increase in liquidity resulting from the rise in oil prices, enough to take such a decision, such as?" He added, "What is important in this connection to take into account a study that may result from the decision of equality dinar dollar, the repercussions on the local commercial transactions, and how to avoid any disruption to transfers of traders and banks."

http://www.ahali-iraq.net/payv/index.php?option=com_content&task=view&id=2181&Itemid=30

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"That is pleasant to the hearts of Iraqis, who are looking to restore the strength of the Iraqi currency, as it was before the 1990s of the last century, he wondered whether the national economy in its current capable of the transition to equal dinar dollar?" Bono, however, has often including the Minister Zubaidi on the support and backing of the World Bank proposed this, and said: "The current study data make it wait to give a definitive opinion on the subject." The Director of the Bank of High Assyrian International Investment Zuhair Al-Hafiz, "Zubaidi minister that the proposal needs to pause and carefully take into account the implications of the security situation on the Iraqi economy, which make it unable to absorb any defects that might affect the business dealings in the absence of a proposal under advisement."

20/1/2008

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Other reader comments on this article

Comment	By	Date
The banking and business community to show considerable interest in the proposal equality dinar dollar Finance Minister announced the Iraqi...	Elvin	Jan 21, 2007 20:37
A few misdemeanors First, I think you are reading too much into the exchange rate appreciation. It is informally set by... [MORE]	Abdullah Ali	Jan 21, 2007 03:56
a bit optimistic but still a good analysis,lets hope dinar gets stronger........................... [MORE]	naseem	Jan 19, 2007 22:19

Reader comment on:Think We're Losing Iraq? Take a Look at the Dinar

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Reader comment on:
Think We're Losing Iraq? Take a Look at the Dinar