Parliamentary Finance and the Central Bank to take responsibility for a stronger dollar and check its causes

2016/10/8 21:44

[Oan- Baghdad]

Parliamentary Finance Committee loaded, the Iraqi Central Bank, the responsibility of the US dollar rise against the dinar.

According to a statement of the commission received by all of Iraq [where] a copy of it, that "the decline in the dinar exchange rate against the dollar caused by the adoption of the central bank of some private banks and not others in an auction sale of the currency and the weakness in monitoring the performance of these banks."

Financial and demanded parliamentary "the central bank need to adjust the trading currency auction and evaluate the performance of private banks," indicating that "data confirms the official statistics provide some private banks purchase invoices is a real currency in an auction."

Parliamentary Finance Committee revealed their "intention to form a fact-finding committee to find out the reasons for the high price of the dollar in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions that tainted many question marks, and put an end to the mafias market control and some currency traders at a price Dinaralarac Exchange ".

It is said that the dollar exchange rate has seen a rise in nearly two weeks against the dinar which exceeded 1,300 dinars to the dollar, in local markets.

And sells CBI, in its daily auction of dollar amounts sometimes exceeding 130 million, mostly alcohols and is priced at 1182 dinars to the dollar.