Parliamentary committee plans to call officials from the Central Bank and the Ministry of Finance

On: Tuesday 01/05/2012 13:29



BAGHDAD - The Citizen

Confirmed the Parliamentary Finance Committee, on Monday, it will summon officials in the Iraqi Central Bank and the Ministry of Finance (without specifying the functional grades) during the week to see through them on the procedures applied to maintain the exchange rate of the Iraqi dinar compared with hard currency.

A member of the Commission secretary Hadi was quoted by the agency of Kurdistan that "the Finance Committee held last week on the deliberations of the Iraqi dinar exchange rate and procedures of the Central Bank and Ministry of Finance, where the Commission requested data on new procedures in place."

Hadi said that "the Commission will call this week, officials from the Central Bank and the Ministry of Finance for the procedures applied to maintain the stability of the exchange rate on the grounds that the House of Representatives on the control of the executive bodies."
He added, "we will share over the adoption of the Bank and the Ministry of Finance of the proper solutions in the case of maintaining the exchange rate and foreign exchange procedures for sale in the auction day."

And saw the price of the dollar compared to a rise in local currency during the past few days, which officials attributed to a local banking companies, the central bank to stop sales of hard currency.

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