Plan to raise the exchange rate of the Iraqi dinar from next June
Plan to raise the exchange rate of the Iraqi dinar from next June
May 27 / May 2013 09:33 | : Ambassador Agency News
{Baghdad Ambassador: News}
CBI begins early next month, the application of a new plan to raise the value of the Iraqi dinar against the dollar, according to the posted member of the parliamentary Finance Committee Faleh Djiashi. The newspaper quoted “morning,” Djiashi of saying that “the central bank told the parliamentary Finance Committee that an action plan will apply early next June, would be enough to raise the exchange rate of the Iraqi dinar against the dollar.” The Djiashi added that “the central bank works to reduce the number of companies that deal with it and put the money in the auction will lead to a reduction in the value of the dollar and the reliance on monetary policy open without complicated procedures and controls and a wide open field in front of the government banks.” The Finance Committee announced the formation of a small committee consisting of three deputies to monitor the exchange rate of the Iraqi dinar against the dollar, stressing that the practical measures undertaken by the central bank last week led to address the problem gradually.
The House of Representatives had earlier guest and Central Bank Governor Abdul Basit Turki agency and discussed with him the reasons for the high price of the dollar against the Iraqi dinar.
assafirnews.net
