The Currency Newshound: Low price of the Iraqi dinar against the dollar is catastrophic

The Currency Newshound
Providing news which shapes the Iraqi economy and the future of the Iraqi Dinar
Low price of the Iraqi dinar against the dollar is catastrophic
Jan 10th 2012, 14:00

BAGHDAD - Babinaoz (Reuters) - The member of the Finance Committee, the parliamentary deputy Haitham Jubouri Central Bank to increase liquidity to maintain the value of the Iraqi dinar against the U.S. dollar. Jubouri said that "Iraqi currency in recent years have seen a fluctuation large a decline in the price of the Iraqi dinar against the U.S. dollar This catastrophic economic damage to all citizens.

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