Central confirms its ability to meet the market needs of hard currency during the first half of this year
Central confirms its ability to meet the market needs of hard currency during the first half of this year
02/09/2016
BAGHDAD / JD / .. ruled out of the economic and investment commission in Parliament, asylum central bank to raise the price of the dollar against the dinar amid the financial crisis, saying that the central able to meet the market needs of hard currency for the time being.
Said committee member Rep. Najiba Najib told / KD /: The committee met with the Governor of the Central Bank on the Keywords few days ago to discuss the repercussions of the financial crisis on the dinar exchange rate against the dollar, noting that the central bank stressed that has no intention at the moment to resort to raising the exchange rate The dollar against the dinar.
She said the central bank also confirmed its ability to Horn to all the requirements of the local market of hard currency in the first half of this year, indicating that in the event of continuing financial crisis and the lack of revenue will resort to other solutions, including raising the value of the dollar.
The parliamentary Finance Committee revealed earlier about the intention of the federal government and in coordination with the central bank to adjust monetary policy by raising the value of the dollar against the dinar amid the financial crisis faced by the country as a result of the decline in world oil prices. / End / 8 /
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