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03-12-2006, 06:01 AM #29341
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03-12-2006, 06:04 AM #29342
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Al Sabaah...
Economic :The devaluation of the dollar and low interest rates caused economic report Baghdad-Sabah Iraqi economic expert attributed the recent decline in the value of the dollar against the Iraqi dinar to the lower interest rate.He said Dr Taha honorary member of the Iraqi Institute for Development and the development of the economy of the (morning) :"The low interest rate is why the President in the slight decline that has occurred on the dollar in government auctions and commercial transactions."He added :"This decline is also not demand consumers on imported goods due to the deteriorating security situation,the state pays to finance some deals mission. "He pointed to the proud :"The slight rise or decline of the dollar does not obstruct the growth or value of the dinar is expected to become Iraqi currency is stronger than before with the introduction of the balance of 2007 and the strategic application of the new monetary policy announced by the government last year."He explained :"The decline reflected on the value of the precious metals,prices will rise as a result of a fall in the dollar, which gives an opportunity for those who hold commercial transactions, such as automobiles and heavy equipment to invest. He said Fakhri :in some cases linked to the decline in the dollar rate better themselves through the entry and exit of imported goods, including funds.
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03-12-2006, 06:05 AM #29343
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03-12-2006, 06:08 AM #29344
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03-12-2006, 06:09 AM #29345
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03-12-2006, 06:09 AM #29346
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4 hours to go
Approximately 4 hours to go until the CBI posts the results of Sunday's auction. Could be a little sooner but the last two auctions have come out at around 3 am Central Standard Time. $1.34 or better !!!
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03-12-2006, 06:10 AM #29347
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03-12-2006, 06:12 AM #29348
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03-12-2006, 06:13 AM #29349
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03-12-2006, 06:14 AM #29350
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