Finance: government bears the responsibility to raise the dollar because of the fees imposed on merchants
Parliamentary Finance: government bears the responsibility to raise the dollar because of the fees imposed on merchants
May 17, 2015 9:41
The parliamentary finance committee carried, government has a responsibility to raise the dollar’s exchange rate against the dinar because of the fees imposed on remittance traders by 8%, while the likely stability of the dollar exchange rate at 1300 dinars to the dollar.
A member of the committee MP Jabbar al-Abadi told I followed news agency Buratha today that “the Central Bank is in charge of the President on the monetary policy in the country can not be for any party to interfere work”, ruling that “the parliamentary Finance Committee be a party to the rise in the dollar’s exchange rate against the dinar.”
“The government bears the responsibility for raising the price of the dollar due to the imposition of fees by 8% on the remittance to dealers, which is reflected in the exchange rate,” likely to “stabilize the dollar exchange rate at 1300 dinars and will not return to its normal price, which was 1200 dinars to the dollar.” .
And witnessing the dollar exchange rate rose against the dinar where he arrived in 1300 dinars to the dollar.
The news indicated that the Finance Committee had raised a recommendation to the central bank to raise the dollar to reduce the budget deficit rate.