A ministerial committee headed by high-level Shaways looking with the Governor of the Central Bank of the reasons for the low exchange rate of the Iraqi dinar against the dollar

kcs Mon Apr 30, 2012 10:55 pm

Monday, April 30 / April 2012 16:05

Baghdad {: News} presided over the Euphrates, Deputy Prime Minister Ruz Nuri Shaways ministerial committee charged with studying the causes of fluctuation of the exchange rate of the Iraqi dinar against foreign currencies.

A statement by the Office of Shaways received by the agency Ralafrat News} a copy of it today, "The meeting was attended by ministers of finance, oil and Planning, Commerce and Agriculture and the Governor of Central Bank of Iraq and Secretary General of the Council of Ministers and his assistant and head of the National Investment Commission and Advisor to the Prime Minister for Legal Affairs and the Chancellor's economic advisory board and the economist Ali Abdul-Amir Allawi and Ahmed Bureihi financial expert. "

The price of the Iraqi dinar has witnessed a remarkable decline against the dollar amid Iraqi exchange of accusations between the government and the Central Bank.

He added that [b][size=18]"the advisers in the presidency Alorza made a presentation to the merits of the issue also said the central bank governor to keep it away after officials and extensive debates on the subject."

The statement said that "the Committee will hold a second meeting to get to the recommendations that would assist in the stability of the dinar."

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