Economic Accused of Trying to Destabilize Prejudiced Views of the Iraqi Currency
|July 8, 2014||Filled under Iraqi Currency News|
Iraqi Currency News –
Economic expert accused Rashid al-Hilali, Sunday, prejudiced views to work to fight the Iraqi currency and influence the broadcast of the alleged rumors about the collapse.
He told al-Hilali / Source News / “The views tendentious works to fight the Iraqi currency in order to weaken the strength in the markets, and thus fall within the war against Iraq.”
He added that “the Iraqi currency is still strong despite the many rumors about the near collapse and that these parties did not succeed in its efforts and fight against the currency.
Hilali and called to “not to believe the rumors about the strength of the Iraqi dinar because the government supports the dinar because the power source of the Iraqi economy.”
He stressed the need “to maintain the level of Iraqi currency because it will be a thorn in the eyes of the enemies.”
The governor of the Iraqi Central Bank, Abdul-Basit Turki, has stressed that the strength of the Iraqi dinar and the precautions that support has not been affected despite the recent situation in Iraq and the militant groups to launch an attack on Iraqi territory. Said Turki during his participation and chaired by the FATF for the Middle East and North Africa to combat money laundering and terrorism financing in the capital of Bahrain, Manama “The cash reserve support of the Iraqi dinar is 70 billion dollars and that the central bank is able to support the exchange rate of the dinar which currently stands at 1200 Iraqi dinars to the dollar, but did not rule affected by the exchange rate.
He pointed out that “the Iraqi dinar powered reserves and is tied in any other currency and cash reserves Ghaderth for his support, and assured Iraqis that those large reserves of state funds of the central bank is not in Iraq but in the states and other banks in Europe and other countries. And influenced by the currency and the economy because of military attack militant groups in Iraq, “he said,” There is no doubt that the latest of this size have an impact on the economy first and on the financial position and cash the other hand, the Iraqi state, but able to get out of this crisis.
And money laundering in Iraq and in the region by virtue chaired this group said: “The Iraq and the GCC in particular and the Arab countries and Middle Eastern generally need to work doubly to stop the process of money laundering and financing of terrorism because there are a lot of gaps must be bridged for not world class and this is what we need now.”
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