Parliamentary Integrity: The Central Bank failed to control the rise in the dollar exchange rate
Parliamentary Integrity: The Central Bank failed to control the rise in the dollar exchange rate
1-10-2025
Information / Baghdad..
Member of the Parliamentary Integrity Committee, Hadi Al-Salami, confirmed today, Friday, the failure of the Central Bank to control the file of the rise in the dollar exchange rate.
Al-Salami told Al-Maalouma Agency, “The Central Bank of Iraq failed to control the banks that control the dollar file, indicating that the tasks of the Central Bank are to monitor and supervise the banks.”
He added, “There are violations and waste of public money amounting to millions of dollars daily,” noting that “the Central Bank failed to control the dollar exchange rate during the past months.”
He pointed out that “the Parliamentary Integrity Committee referred the dollar exchange rate file to the judicial and regulatory authorities, stressing that the measures taken by the bank did not limit the rise that is occurring in the local markets.”
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