Parliamentary economic: precautionary measures of the Central Bank stopped wasting large sums

14:17 - 25/04/2018


Information / Baghdad ..

The Parliamentary Investment and Economic Committee attributed Wednesday the decline in the exchange rate of the dollar against the dinar in the local markets to the security stability and the rise in international oil prices, pointing out that the precautionary measures taken by the Central Bank on the currency auction stopped the waste of large amounts.

Najeeb Najib, a member of the committee, said in a statement that "the rise in oil prices and the increase in foreign exchange reserves at the Central Bank, as well as the end of the war on the criminal and security stability is the most important factors stabilizing the dollar exchange against the dinar."

"The precautionary measures taken by the Central Bank in cooperation with international regulators on the transparency of the auction of currency and control of funds stopped the waste of large amounts were going in favor of the senior corrupt."

"The Central Bank of Iraq set the official exchange rate of 1200 dinars per dollar during the budget and if the rise will bear the state additional financial burdens can not be easily compensated." Ending / 25 d

http://www.almaalomah.com/2018/04/25/303948/