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Message Subject Iraq an economic Study
Poster Handle ReVbo™
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Authorized the Central Bank of Iraq province raised the price of the Iraqi dinar against the U.S. dollar.

The bank said in a statement that as part of the keenness and the pursuit of the Central Bank of Iraq in the development of his tools in the monetary policy and support the national economy stable market took the bank's board a number of decisions.

The decision came within authorized Iraqi Central Bank Governor the power to reduce the sale price of the U.S. dollar and currently amounting to 1179 dinars to the dollar to enhance the value of the Iraqi dinar and the requirements of the market.

The statement did not reveal the new proposed price of the dollar against the Iraqi dinar also did not specify a time limit for the implementation of the mechanism for lifting the price of the Iraqi dinar.

The decision came after a few weeks of the withdrawal by the Iraqi Central Bank Governor Sinan al-Shabibi and the prime BSA Abdul Basit Turki to serve as governor of the bank.

The price of Iraqi dinar has been stable since 2008 and so far at the exchange rate ranged between 1170 to 1200 Iraqi dinars per dollar

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