The parliamentary Governor adds financial centre to discuss the repercussions of the exchange rate

The parliamentary Governor adds financial centre to discuss the repercussions of the exchange rate

may 2013 12: 15

Baghdad/sourcing Centre for the Iraqi media network (IMN)-add the parliamentary Finance Committee, next Sunday, the Governor of the Central Bank agency to discuss the ramifications of rising exchange rate and identify its causes.

Secretary of Committee member, said Hadi, (IMN) said the Finance Committee would add Agency Central Bank Governor Abdel Basset Turki, next Sunday, to determine the causes of the high exchange rate compared to the past few months which has seen stable. "

Hadi said that "preliminary indications for the reasons that led to the rise of the dollar against the Iraqi dinar goes back to the lack of access to hard currency and some private banks control a large amount of that currency.

Hadi said that "the solution to the problem of the high rate of Exchange is the adoption of the Central Bank to ensure the spread of hard currency in all regions to be available and therefore no private banks and raise their value against the Iraqi dinar".

Saw the dinar exchange rate against the US dollar decline over the past few days, with the dollar rising against the dinar reached more than having been stable on 1127 1120.

Fact-finding Commission threatened facts representative sales the CBI last month by recourse to competent international fight against money laundering to track down money in the Development Fund for Iraq since 2003 until 2012 if the CBI gives the Commission full information.



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