Parliamentary Finance: currency stability proof of the success of the Central Bank

BAGHDAD / Bri Center for the Iraqi Media Network IMN – The parliamentary Finance, the central bank is going in the right direction as evidenced by the stability of the currency rate and lower sales of the bank.

A member of the Finance Committee Haitham al-Jubouri’s (IMN) that “there is stability operations seen in the central bank and it is going in the right direction and the proof of that currency Asagrar and lower sales.”

He added that “there are successes achieved continuous meetings of a crisis cell consisting of the Central Bank’s general managers, after it was interrupted between the Governor of the Bank and managers in the past.”

Jibouri between “standards sale currency began to be applied to all private banks after what was formerly duplication favorite banks and second-class banks.”

He pointed out that “monetary policy in general began to pursue a new form of partnership with the fiscal policy, there are also great cooperation between the Ministry of Finance and the Central Bank.”

The Central Bank Governor Sinan al-Shabibi accused the issue of financial corruption and smuggling money was not arrested for interrogation.

The price of selling the currency to 127 thousand dinars for each U.S. $ 100.

The currency auction sells more than 200 million dollars a day, mostly go remittances outside the country.