Executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar

Deputy: interference by the executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar

21-03-2013 10:58 AM

Baghdad (news) .. Refer rapporteur of the committee of economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, a low exchange rate of the Iraqi dinar against the dollar to a variety of reasons the most important problems that occurred job bank and executive interference decisions Central. Khelil said (of the Agency news): There are many reasons made of the Iraqi dinar fall against the U.S. dollar, including the political climate is stable and deteriorating security conditions that prompted citizens to convert their money into foreign currency. added: that the issue of central bank last and administrative problems that have occurred recently his work also contributed to an increase of the dollar exchange rate against the dinar, as well as intervention executive decisions task of the Central Bank and the authorities, and this is a violation of the constitution because the central independent body and not the right of any party intervention work. and continued: Iraqi environment repulsive of hard currency and not attractive, because the only source of dollars comes through oil sales, noting that these reasons met together and affected the stability of the exchange rate of the Iraqi dinar against the U.S. dollar. / end / 8. n. p /

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