Iraq .. a parliamentary movement to restore the dollar exchange rate to its previous state
Iraq .. a parliamentary movement to restore the dollar exchange rate to its previous state
Sunday 7 March 2021 | 03:09 pm
On Sunday, a member of the Parliamentary Finance Committee, Jamal Cougar, confirmed the existence of a parliamentary movement and parliamentary signatures in order to restore the exchange rate of the dollar against the dinar or reduce the current price. Cougar said, “The political movement in this regard is still going on, even there are requests for the signatures of a large number of members of Parliament to Parliament, for the exchange rate of the dollar.” He added, “Those signatures remained unchanged, because the Finance Committee and Parliament do not have any authority to amend or return the exchange rate of the dollar,” stressing that “this matter is exclusively within the authority of the Central Bank.” “It is difficult for the government to go in this direction, because changing the exchange rate or returning it to its previous price needs to be reformulated again,” he said.
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