A Plan to Raise the Exchange Rate of the Dinar
|May 26, 2013||Filled under Featured Article|
BAGHDAD – The morning starts with the Iraqi Central Bank early next month the application of a new plan to raise the value of the dinar against the dollar.
Announced that a member of the Finance Committee parliamentary Faleh Djiashi’s (Center Brief for the Iraqi Media Network), noting that “the central bank told the Finance Committee representative that a plan of action will begin to apply early next June, will be capable of lifting the dinar exchange rate against the dollar.
And 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 procedures and controls complex and open wide field in front of the government banks.
And announced that the Finance Committee to form 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. was Parliament had a guest in earlier Governor of the Central Bank and the Agency Abdul Basit Turki and discussed with him the reasons for the high price of the dollar against the dinar.
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