Deputy warns of vibration Iraqi dinar exchange rate and financial transactions by the current crisis

Deputy warns of vibration Iraqi dinar exchange rate and financial transactions by the current crisis, the central bank

Date: 10/20/2012 12:55:56 Saturday

Baghdad (news) .. Warned MP / coalition in Iraq / Qais Cdhir, of potentially affected by the crisis the central bank current and recriminations regarding the sale of hard currency, the exchange rate of the Iraqi dinar against the U.S. dollar, and the financial dealings of State through distrust global banks in dealing with Iraq.
said Cdhir (for the Agency news) on Saturday: supposed to be there extremely cautious in dealing with the Central Bank by the committees formed to monitor the work and scrutinize all claims regarding breaches sale of hard currency in the auction because it is major financial institution reflects the credibility and transparency of the financial system in the country for banks global and international financial institutions. added: that the financial institution depends on the degree of credibility and reliability of the body that deals with In case of lack of confidence to those who hold to manage the Central Bank, it will reflect badly on the financial system in the country, which will affect foreign dealings with international banks. pointed to: that the continued crisis the Central Bank current and exchange of accusations between his administration may lead to reluctance to work central bank auction and therefore will affect the exchange rate of the dinar against foreign currency, calling for an end to the crisis as soon as possible to maintain the fiscal policy in the country. / end / 8. d. Q /

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