new Central Bank succeeded in some things and many of them failed
…new Central Bank succeeded in some things and many of them failed
Baghdad (newsletter). Student member of the Committee for economy and investment/MP/-abbasn sheyaa, the Central Bank adjusted its policy towards dinar exchange rate against the dollar, tighter control on the sale of hard currency.
Said sheyaa (News Agency): the Central Bank issue management agency has succeeded in some things that concern monetary policy at the beginning of the received task but failed many of them did not stand the Mafia some private banks and weak souls that their usury.
He added: a lot of things that concern the Central Bank needs to work organization, noting that the dollar exchange rate remains high for the dinar and foreign currency smuggling and money laundering also still exist.
He called the Central Bank to develop procedures to monitor banking operations and sell hard currency to curb smuggling and economic crimes and stabilize the Iraqi dinar exchange rate