Poor financial management and banking reason for the continued increase in the exchange rate of the Iraqi dinar
Finance Committee: poor financial management and banking reason for the continued increase in the exchange rate of the Iraqi dinar against the dollar
10-05-2013 11:03 AM
Baghdad (news) .. Refer Vice President of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, the reasons for non-low exchange rate of the dollar against the Iraqi dinar to mismanagement of fiscal and monetary followed in the country. said Faizullah (of the Agency news): The management of the central bank lagged much in Multi maintain the exchange rate of the Iraqi dinar against foreign currency, and left the Iraqi money is wasted without an effective control them. explained: that the country is suffering from floundering in his economic policies and financial, which means that there is no eagerness largely by economic institutions for the management of financial resources, and put an end of the attacks, which exposed the national currency from time to time, which led to the impairment. witnessing Iraqi dinar exchange rate against the U.S. dollar declined severely during the current period, in spite of making new regulations by the central bank to return to the price of natural. / End / 8.’s . /
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