CBI reveals new strategies to unify the exchange rate

CBI reveals new strategies to unify the exchange rate

11/09/2012 09:28

Baghdad, 11 September / September (AKnews) – The Iraqi Central Bank Tuesday to start preparing strategies to unify the exchange rate of foreign currency in the country, noting that he seeks to invest the amount of money spent should be flowing into the plan of economic stability. said the deputy governor of the Bank the appearance of Mohammed, told the Kurdish news (Rn) that “there is a study of the strategies aimed at unifying the exchange rate of foreign currency in the country and maintain stability.” and explained that “there are things emergency Kallazma regional and internal problems affected the currency exchange rate,” pointing out that “keen to be money acted serve the economic stability. ” and continued that “the Central Bank of Iraq bears a major responsibility to maintain economic stability.” The House of Representatives decided last month to form a committee to investigate the facts chaired by the Deputy President of the Council Qusay al-Suhail and the membership key committees of Economy and Finance and Chairman of Supreme Audit to audit Bank transactions on currency auction sale. ‘s task CBI to maintain price stability and the implementation of monetary policy, including exchange rate policies and management reserves of foreign currency and regulate the banking sector. : Raman Brosk, the Open: Peace Baghdadi

Source: aknews