Iraq calls for free to open an investigation to “breaches” the Central Bank and calls for the government to intervene

Saturday April 14, 2012

Sumerian News / Baghdad called the Iraqi bloc of free, on Friday, to open an investigation into the reports about the presence of breaches in the work of the Central Bank, as called for government to intervene in the event proved it. and the bloc said in a statement released today, has received “Alsumaria News” copy of it, “What are talking about some of the parties on the presence of breaches in the work of the Central Bank recently, especially in relation to fall in the value of the Iraqi dinar against the U.S. dollar requires validation,” calling for… “the formation of two parliamentary and administrative investigation and stand on the circumstances of the case.” and called for mass government to “intervene to save the Iraqi economy, if confirmed, matter, and to hold negligent who caused the fall in the value of the national currency.” The Cabinet decided, on Thursday (April 12, 2012), to wait in the application of the deletion of zeros from the national currency, while the Commission considered the economic parliament that the decision is not within his powers, and demanded that the House of Representatives to prevent the government from “overtaking” the work of the central bank, confirmed that the reference latter is the parliament. , the cabinet face, in the April 11, 2012, to form a committee to study the fluctuation of the exchange rate of Iraqi dinar, as he emphasized that the Commission will provide appropriate solutions to prevent harm to the national economy. The head of the House of Representatives Osama Najafi, on April 10, 2012, that the Council will host a Bank Governor Sinan Shabibi at a hearing to show the issue of the exchange rate of the dollar against the Iraqi dinar, as attributed Shabibi the reasons for rising to the weakness of domestic production and the weakness of the government’s actions. and witnessing the Iraqi market is currently rising to the U.S. dollar against the Iraqi dinar, as sales rose the Iraqi Central Bank foreign currency, while the bank attributed the central reason in addition to financing trade of neighboring countries by the Iraqi traders. and Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in January 19 2012, for raising the price of the Iraqi dinar against the dollar during its sessions for buying and selling foreign currencies at the rate of four dinars, pointing out that the price of the dinar nominal is not commensurate with the purchasing power to him or the real price of the exchange rate of the dinar against the dollar. The Central Bank of Iraq was in January 15 buying and selling of the dollar and the price (1166) during the auction, which is evaluated daily and with the participation of 23 banks, after it was the buying and selling of the dollar price of 1170 dinars to the dollar. It is noteworthy that the Iraqi bloc of free set up, in the April 9, 2012, which included five deputies dissidents for the cluster white that its members had been split off nearly a year ago for the Iraqi List led by Iyad Allawi, are Qutaiba Daami Jubouri and Mohammed Nassif, high-Saadi, safe and Zuhair Araji.