##### Finance parliamentary add Governor of the Central Bank to discuss the implications of the high exchange rate

Post 09 May 2013 10:29

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - adds the parliamentary Finance Committee, next Sunday governor of the Central Bank and the Agency to discuss the implications of the high exchange rate and stand on its causes .

Committee member said Amin Hadi, Thursday, for (IMN) "The Finance Committee will add the Governor of the Central Bank and the Agency Abdul Basit Turki, next Sunday, to find out the reasons for the high rate compared to the previous months which saw stable . "

Hadi said that "initial indications of the reasons that led to the high exchange rate of the dollar against the Iraqi dinar back to the non-arrival of hard currency to the beneficiaries and some private banks control large amounts of such currency . "

Hadi explained that "the solution to the problem of the high exchange rate is the adoption of a mechanism of the central bank to ensure the spread of hard currency in all areas to be available and thus can not be of civil tapped banks and raise its value against the Iraqi dinar . "

And witnessed the exchange rate of the dinar against the U.S. dollar declined during the past few days as the dollar rose against the dinar reached more than 1127 after it had been stable for 1120 .

Commission threatened تقصية facts Algnapehbimbiat the Central Bank of Iraq last month to resort to the competent international parties to combating money laundering to keep track of the money that was in the Development Fund for Iraq since 2003 and up to 2012 if it does not give the Iraqi Central Bank Commission full information .



From: Haider al-Tamimi n: m h


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