Suhail discuss with Saleh of the CBI on the Bank’s work and the dollar exchange rate
Baghdad (news) .. Discussed the First Deputy Chairman of the House of Representatives Qusay al-Suhail, with the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, representative of the Office of Financial Supervision and the Chairmen of the Committees of Finance and economic development in the House of Representatives the Central Bank during the last period, the exchange rate of the dinar against the dollar.
A statement by the Information Office of the First Deputy Chairman of the Board: The Suhail held a meeting with a delegation from the central bank headed by the Deputy Governor of Bank of the appearance of Mohammed Saleh, representative of the Office of Financial Supervision in the presence of the respective Chairpersons of Finance Haider al-Abadi, economic Ahmed Alwani to discuss the matters to ensure the stability of the dinar exchange rate against the dollar and the real reasons that have contributed to lower the exchange rate of the dinar against the dollar.
added statement that the Deputy Governor of the Central Bank reviewed the Bank’s work during the last period, especially with regard to auction the central bank. The statement stressed: that al-Suhail mentioned that the low exchange rate of the Iraqi dinar against the dollar negatively impact on the lives of Iraqi citizens and its status of living as the like so things will lead to higher prices of materials needed by the citizen.
He stressed the need to take the principle of transparency in the auction the central bank and develop a strategy to work believes in out of money, which pumps it from the dollar to buy goods needed by the citizens and not for other things.