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Control procedures" raise the value of the dinar

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Control procedures" raise the value of the dinar  Empty Control procedures" raise the value of the dinar

Post by glasshalffull on Sat Oct 06, 2012 7:32 am

Control procedures" raise the value of the dinar Baghdad morning's New
Control procedures" raise the value of the dinar  Spacer

05/10/2012 .
First Deputy Chairman of the House of Representatives Qusay al-Suhail that the proceedings of the commission charged with overseeing the central bank auction contributed significantly raise the value of the Iraqi dinar against the dollar, saying that raising the value of the dinar will reflect positively on the lives of citizens.

Said Qusay al-Suhail "The committee in charge of monitoring central bank auction and the extent of transparency applied where contributed significantly raise the value of the Iraqi dinar against the dollar through the recommendations and actions taken," noting that "it came after the proposals made ​​by Connie president during repeated meetings with officials in Bank and BSA on auction for control of the waste of public money and selling foreign currency and money laundering. "

He added Suhail that "this will be reflected positively on the lives of citizens, as the revaluation Iraqi dinar has returns positive living," adding that it would continue "to hold meetings with the Commission to set rules and procedures to ensure the non-exploitation of the owners of weak souls and traffickers money of the Iraqi people in the bank auction Central. "

The parliament speaker Osama al-Nujaifi said, on September 26, 2012, on the importance of the independence of the central bank and the priority follow-up daily auction of foreign currency, as pointed head BSA to near present the results of the Committee's report investigative on daily auction organized by the bank to sell the dollar on the Council.

The Nujaifi, in (10 September 2012), the need to adopt the current policy adopted by the Central Bank of Iraq in light of the regional situation troubled politically, economically and socially as well as having convinced that the dollar seeps out of the country illegally, while calling for the need to facilitate procedures for citizens to currency from the bank in critical situations.

The MP for the coalition of state law Haitham al-Jubouri in (12 August 2012) for the formation of an investigative committee will visit the central bank and look at the records and the numbers, sales and people who earn hard currency, noting that the work of the investigative different from the Commission's work regulatory Council approved formation , which includes the heads of the financial and economic committees and BSA.

The Central Bank of Iraq announced, (11 August 2012), the high reserves of hard currency to $ 67 billion, confirming that these reserves are the largest in the history of Iraq, pointing out that these reserves is one of the monetary policy to reduce inflation in Iraq.


Last edited by Kevind53 on Sat Oct 06, 2012 8:48 am; edited 1 time in total (Reason for editing : Readability)
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