Parliamentary Finance warns the Central Bank of the collapse of the Iraqi dinar
Parliamentary Finance warns the Central Bank of the collapse of the Iraqi dinar
Monday, June 21, 2021 | 11:25 am
On Monday, the Parliamentary Finance Committee warned the Central Bank of the collapse of the Iraqi dinar against the US dollar, while calling on the government to impose measures on private banks and control the market .
Committee member Muhammad Al-Shabki said, “There are fears of the collapse of the Iraqi currency in the coming period due to the continued government confusion and the lack of control over the dinar exchange rate against the US dollar .”
He added that “losing control of the exchange rate may lead to the collapse of the currency in the coming period,” noting that “the government, the Ministry of Finance and the Central Bank are required to impose appropriate measures and control the market and maintain the exchange rate to avoid the collapse of the Iraqi currency.”
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