8-13-2012 Chattels: Large sums of local currency to buy dollars from the CBI. "Chalabi expressed his fear of Iraqi banks paying large sums of money from the very sources of the local currency to purchase those quantities of dollars from the CBI.
The Iraqi banks to pay large sums for the purchase of very dollar raises fears of sources of local currency that was provided to purchase those quantities of dollar from the CBI.
We have to ask where you got these banks on these massive amounts of Iraqi dinars to buy dollars at an auction in the CBI.
Read More Link On Right
We must also check where you got those customers on these large amounts of Iraqi dinars to buy such large amounts of dollars.
The CBI is in charge of the protection of the IQD exchange rate, succeeded in this mission a success worthy of praise.
If we compare the exchange rates of the currency in Iran, Turkey and Syria to exchange rates in Iraq over the past five years, we find that the fluctuations of exchange rates in Iraq did not exceed the 8%. While in Iran has reached to 120% and 90% Turkey 80% and in Syria.
Chalabi called on parties concerned to study the matter seriously because any collapse in the IQD exchange rate would have significant negative consequences affecting the poor and low-income because commodity prices will double what they lead to the erosion of their purchasing power."
8-13-2012 Chattels: Issues between Iraq and Kuwait are in the solving stage. The problems between Iraq and Kuwait are in the process of being solved.
The GOI intensified efforts to solve the disputes with Kuwait and so far a number of agreements have been signed between both sides.
We work to implement these agreements to improve political relations between both sides and go back to normality.
Our intention is to solve Iraq and Kuwait’s disputes by removing Iraq from the United Nation’s chapter seven sanctions so the dispute will be in its final stage.
Iraq and Kuwait have both expressed willingness to revert their relations to the period before Saddam Hussein’s era.