********** Parliamentary Finance Committee proposes to cancel the auction currency Central Bank

Date: 05/04/2015 12:10




Information / special / ..
Parliamentary Finance Committee proposed, Sunday, cancel an auction of foreign currency at the central bank, confirmed that it will lead to lower prices in front of the Iraqi dinar.

The committee member said Masood Haider told / information / "The Finance Committee submitted a proposal to cancel the auction at the Central Bank, in order to reduce the foreign currency rate against the Iraqi dinar."

He said Haider, that "the proposal stressed the need to replace the auction process hard currency distribution on civil and government banks in a fair way by the competition, because the auction may impact on the Iraqi economy and led to Nzifa," adding that "it will lead to lower foreign currency exchange rate either Iraqi dinar. "

The past few weeks have seen a remarkable increase the price of foreign currencies against the Iraqi dinar, despite the central bank to sell those currencies is reduced.


http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://almaalomah.com/news/16398/%25D8%25A7%25D9%2584%25D9%2584%25D8%25AC%25D9%2586%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2586%25D9%258A%25D8%25A7%25D8%25A8%25D9%258A%25D8%25A9-%25D8%25AA%25D9%2582%25D8%25AA%25D8%25B1%25D8%25AD-%25D8%25A7%25D9%2584%25D8%25BA%25D8%25A7%25D8%25A1-%25D9%2585%25D8%25B2%25D8%25A7%25D8%25AF-&usg=ALkJrhioJ-k7GJHafVttU1l_tavRQFlt6Q