Parliamentary Finance: Currency traffickers are behind the high dollar exchange rates
Parliamentary Finance: Currency traffickers are behind the high dollar exchange rates
Thursday, April 16, 2015 18:42
BAGHDAD / Baghdadi Uz..akdt the parliamentary finance committee, on Thursday, the smugglers behind the rising dollar selling in the Iraqi market price, as pointed out that the hard currency to evade legally abroad.
The committee member said Abdulkadir Mohamed Omar in an interview / Baghdadi News / “The government has several measures to prevent the rise of the dollar has taken, but the banking offices jostling with each other to get the largest amount of the dollar on the black market, to be smuggled out of Iraq by remittances and investment in other countries. “
“The sale of hard currency traders first goal to make a profit, without regard to the situation in Iraq and economic interest of the country, and thus will remain the dollar on the rise, the lack of a strong control of the government on the work of this office,” adding that “the currency out of Iraq in a legal way by remittance, requires the Government to set a ceiling on remittances of foreign currency out of Iraq. “
It is said that the dollar exchange rate in the Iraqi market reached more than 133 000 dinars in the banking offices in return for banknote $ 100 category, identified as the Iraqi Central Bank exchange rate b 116 000 dinar banknote $ 100 category.
albaghdadianews.com
