Iraq Finance Committee and IMF officials discuss fluctuating currency auction and exchange rate

BAGHDAD / future Iraqi searched Parliamentary Finance Committee chaired by MP Haider al-Abadi and in the presence of members of the economic and investment commission with a delegation from the International Monetary Fund volatility winning the auction Iraqi currency and exchange rate and balance of 2013.

According to a statement of the Council received agency news copy last Saturday: that during the meeting discuss ways exist to stop oscillation winning in the exchange rate in the auction Iraqi currency and keep the price stable currency compared at the dollar, as well as discuss the process of smuggling money and how to combat it and the possibility of the Iraqi Central Bank to bridge the local market need of the currency and the federal budget for 2013.

For his part, Delegation IMF ready for their assistance in resolving these matters and strive to keep up with the work of the Central Bank of Iraq and its support in the work to maintain the Iraqi currency and the exchange rate to serve the citizen and the prosperity of the Iraqi economy.