Banks Union: Inflation rate in Iraq is almost non-existent compared to countries of the region

Banks Union: Inflation rate in Iraq is almost non-existent compared to countries of the region
2015-06-20T10:08:36+00:00

The head of the banks Union , Wadee Hanthal said in a joint press conference with the Governor of the Central Bank of Iraq, that " you can see the high volume of inflation in the currency in Turkey and Syria," noting that "the rate of inflation is almost non-existent to us."

On the rise in the dollar rate against the local process , Hanthal said "in the days , we have been discussing prices rose with the bank and joined forces with some of the banks in response to the call of the central bank to lower prices."

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