Finance parliamentary: the start of the stability of the exchange rate of the Iraqi dinar against the dollar
Finance parliamentary: the start of the stability of the exchange rate of the Iraqi dinar against the dollar gradually
Created on Friday, 17 May 2013 13:03 | |
Baghdad / Orr News
Parliamentary Finance Committee confirmed that the exchange rate of the Iraqi dinar against the dollar began to gradually return to stability after a series of measures taken by the central bank recently. A member of the Committee Secretary Hadi said that “the exchange rate of the Iraqi dinar against the dollar began to gradually return to the state of stability as the dollar fell against the dinar to 1270 dinars to the dollar after breaking 1300 dinars to the dollar during the past few days.”
Hadi explained that “the problem began to fade after a series of measures taken by the Central Bank of Iraq is pumping extra amounts of Almuammlh difficult to market,” noting that “the foreign currency held by the central bank cover block twice as paper”. He continued that “the problem was not with the central bank, but the banks and Chirfah companies, if the point during the last period failing to buy dollars from the central bank, which led to the high value of the dollar against the dinar.”
And Hadi and that “the Finance Committee and after the end of the holiday will add legislative and Minister of Finance and agency managers of all banks for the purpose of research topic and how to overcome the problems.” The Finance Committee has ضيفت this week, and Central Bank Governor Abdul Basit Turki agency and discussed with him the reasons for the high price of the dollar against the Iraqi dinar.