6-10-2014 Newshound Guru Aggiedad77

6-10-2014   Newshound Guru Aggiedad77   Article:   "Economist: delay in the budget behind the rise of the dinar and the dollar will rise .. soon"   Any relationship between the Iraqi government and the high exchange rate of the dinar against the USD has been ruled out by economists and an expected recovery of the dollar within the next few days is predicted...the CBI is the one who sets policies for the exchange rate of the IQD against any foreign currency...they are the only one who has the authority to affect such changes...that is an important point to remember...it is a positive thing to witness the continued auctions by the CBI even with the government basically at a standstill due to the lack of an approved budget...this shows the independence of the CBI to the government...the drop in the price of the buying and selling of the USD and other foreign currencies is positive for the policy of national exchange.