Finance held an emergency meeting Sunday to discuss the rise in the dollar against the dinar
Parliamentary Finance held an emergency meeting Sunday to discuss the rise in the dollar against the dinar
06/16/2015 five forty-nine p.m.
revealed the parliamentary finance committee member Husam punitive for an emergency meeting of the committee on Sunday to remedy the crisis of rising dollar against the Iraqi dinar.
He said punitive in a statement received by the agency all of Iraq [where] a copy of it, that “the parliamentary finance committee will hold an emergency meeting on Sunday in order to remedy the sudden rise of the dollar against the Iraqi dinar.”
He noted that the “rise of the dollar exchange rate against the dinar is subject to little demand for display growing, and the instructions that came by the Governor of the Central Bank of the Tax and Customs, in addition to that there are some traders are working to increase the exchange rate in order to obtain material gains at the expense of needed government and the Iraqi people. ”
He explained punitive “The handling of this crisis lies in the formation of a crisis cell work to reduce the exchange rate, as well as working to increase the supply by the central bank, raising the time limit in this exceptional circumstance, and follow-up companies that buy this currency against the statements and receipts are correct. ”
experiencing domestic markets rising US dollar exchange rates against the Iraqi dinar to 1,400 dinars to the dollar, that dollar percent, equal to 140 000 dinars.
The official rate of the Central Bank of Iraq the price of 1166 dinars per dollar, meaning it has risen from the official price 234 dinars, an increase of 20%.
A government source for [where] the day that “the government has taken measures to reduce the high price of the dollar, including determination of the cash sales to the Central Bank and doubling Hawwalath with open ports in government banks to sell the dollar for delegates and cases humanity, “noting that” there are speculations made by some has created a state of confusion in the market helped lift the dollar against the Iraqi dinar and intentionally “.
attribute specialists and economists this increase to the dollar in the domestic market, to a lack of supply of the dollar in the auction of the daily currency of the Central Bank of Iraq, which identified the quantification of the law of the general budget for 2015 by $ 75 million just after it was open, so called for the increased demand for currency foreign banks to fulfill their obligations and businessmen and the market need for liquidity Almalah.anthy