Lack of clarity of the central bank’s policy led to the fluctuation of exchange rates of the dollar
Economic parliamentary: political crises and the lack of clarity of the central bank’s policy led to the fluctuation of exchange rates of the dollar
Wednesday, 24 April / April 2013 14:35
{Baghdad: Euphrates News} confirmed member of the Committee on Economy and Investment parliamentary Nora Salem said the problems and political crises witnessed by the country and the lack of clarity of the central bank’s policy led to the fluctuation of exchange rates الدولا against the Iraqi dinar.
She said Salem told {Euphrates News} on Wednesday that “the central bank need to have sufficient experience to his administration,” pointing out that “the Governor of the Bank’s New Abdul Basit Turki does not have sufficient experience to run the central bank He has experience working in the BSA” .
She added that “the political side became negatively affect the policy of the Central Bank,” pointing out that “the government does not pay the importance of monetary policy in the country.”
And goes economists that the reasons for poor fiscal policy of the country, especially monetary and fluctuating exchange rate of the Iraqi dinar against the dollar, many, focusing on the political differences that disrupted a lot of things the state and weakened, including fiscal policy or monetary, as well as the conditions of the country’s current overall especially the security situation and its repercussions serious citizens and life in the country. Ended 2
