Expert: the dollar is not linked to reduce or shut down unauthorized banking offices
Baghdad (newsletter) …The competent Minister in Economic Affairs, Ali dargham closed unauthorized banking offices does not affect the exchange rates of the dollar.
Ali (News Agency news) on Sunday: that the money supply in circulation in the market from the dollar are not affected by the shut down offices, curtailed because the Central Bank is controlled by the dollar exchange rate.
He added: there is no link between Exchange offices and then the exchange rate of the dollar, is a profession to earn profits and make currency easier, but the Central Bank is controlled by the exchange rate of the dollar at the end.
He said that some unauthorized offices help smuggling currency and money laundering, which hurt the economy and benefit, therefore, closed the market will support and enhance the control of the Central Bank on the financial situation and currency flow
ikhnews.com
