Parliamentary Finance likely decline in the dollar exchange rate in local markets

Parliamentary Finance Committee suggested, on Wednesday, the low dollar exchange rate in the domestic market after the measures taken by the Central Bank of Iraq to curb the rise by pointing out that the most important treatments that are taken by the Bank to pump a good amount of dollar banking and accounting offices objectionable conditions.

He said the Commission's decision meat Ahmed Rashid in a press statement, "The domestic market will see a decline in the dollar's exchange rate after the measures taken by the Central Bank of Iraq to curb the rise in the previous period."

Meat and added that "the Central Bank has allocated US dollar exchange companies owed and you already import and export transactions and audit by the dollar."

He pointed out that "the most important treatments that are taken by the Central inject a good amount of dollar accounting banking offices in violation of the conditions."




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