The Blame Game -- Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar

by **Ponee** Thu Mar 27, 2014 9:01 am

Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar
03/27/2014

The Blame Game -- Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar 7887241

The Blame Game -- Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar 7887241

Amer winner

{Baghdad: Euphrates News} carried committee of economy and investment parliamentary responsibility of the Central Bank of the fluctuation of the price of the Iraqi dinar against other currencies.A member of the Economic Commission Amer winner told the News} {Euphrates on Thursday that the "wiggle political Central Bank weighed heavily on the currency in Iraq," noting that "the bank is responsible exclusively on monetary policy in the country." and

added that "the instability of the security situation and the continuing differences between the political blocs other factors affected the instability of the Iraqi dinar against foreign currencies. " and "The stability of the central bank's policy, and the security situation, in addition to providing a suitable platform for foreign investors, factors that will help the stability of the Iraqi dinar against other currencies" . revealed the winner for "resolve all outstanding differences between the center and the region on the Law of the general budget and other problems relating to the export of oil," likely "to read the budget such as reading a second session next Sunday." This accused member of the Committee on the economy and investment representative in earlier Aziz Mayahi influential figures in The government, in coordination with the staff at the Central Bank to control the sale of hard currency, which led to a decline in the exchange rate of the Iraqi dinar against the U.S. dollar.said Mayahi that the central bank has vowed to take new measures to stabilize the exchange rate of the dinar against the dollar, but so far is still the exchange rate of the dollar high It seems that the current administration of the bank can not support the value of the Iraqi dinar. " It was the Iraqi Central Bank announced that it will take new measures to stabilize the Iraqi dinar exchange rate during the month. http://goo.gl/VTfqFs