Deputy warns of vibration dinar exchange rate and financial transactions by the current crisis, the central bank

Date: 10/20/2012 12:55:56 Saturday



Baghdad (news) .. Warned MP / coalition in Iraq / Qais Cdhir, of potentially affected by the current crisis, the central bank and exchange of accusations regarding the sale of hard currency, the exchange rate of the Iraqi dinar against the U.S. dollar, and the external financial transactions through the lack of confidence of international banks in dealing with Iraq.


Said Cdhir (of the Agency news) on Saturday: supposed to be there extremely cautious in dealing with the Central Bank by the committees formed to monitor the work and scrutinize all claims regarding breaches sale of hard currency in the auction because it is major financial institution reflects the credibility and transparency of the financial system in the country for global banks and international financial institutions.

He added: that the financial institution depends on the degree of credibility and reliability of the body that deals with In the event of a lack of confidence to those who carry on the management of the central bank, it will reflect badly on the country's financial system, which will affect the foreign dealings with international banks.

He pointed out: that the continuation of the crisis the central bank present and exchange of accusations between his administration may lead to reluctance to work central bank auction and therefore will affect the exchange rate of the dinar against foreign currency, calling for an end to the crisis as soon as possible to maintain the fiscal policy in the country. / Finished / 8 . d. Q /



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