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National Coalition calls to derail the Central Bank of the quota system and replace officials perpetrators of the collapse of the dinar exchange rate
06/21/2015
Student national coalition led by Vice President Iyad Allawi, to derail the Central Bank of quotas basket, and replace officials perpetrators of the collapse of the dinar exchange rate against the dollar.
He said the coalition in a press release: "We are following with great concern the continued decline in the dinar, which would influence the exchange directly to the citizen and the rise in commodity prices, the price of which weigh his shoulders in the holy month of Ramadan and contributes to the impoverished and exacerbate threats to civil peace and constitutes another face of terrorism obnoxious ".
He added: "floundering policies and ill-considered decisions of the Central Bank, which has the responsibility to maintain the value of the currency, led to a loss of confidence in the currency and Iraqi dinars to employers pay to replace them quickly to the dollar to maintain its value."
He called on the coalition to "replace central bank officials perpetrators of the collapse of the exchange rate who were hired for reasons partisan known, despite their lack of experience needed to manage such an institution, and national personalities of the owners of expertise and efficiency and the ability to secure currency stability, and an end to the case of appointment by proxy and give confidence to those who It is worthy of it. "
The dollar exchange rate against the Iraqi dinar has witnessed during the past few days a sharp rise the market has not seen in years, reaching to 1440 dinars to the dollar.
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06/21/2015
Student national coalition led by Vice President Iyad Allawi, to derail the Central Bank of quotas basket, and replace officials perpetrators of the collapse of the dinar exchange rate against the dollar.
He said the coalition in a press release: "We are following with great concern the continued decline in the dinar, which would influence the exchange directly to the citizen and the rise in commodity prices, the price of which weigh his shoulders in the holy month of Ramadan and contributes to the impoverished and exacerbate threats to civil peace and constitutes another face of terrorism obnoxious ".
He added: "floundering policies and ill-considered decisions of the Central Bank, which has the responsibility to maintain the value of the currency, led to a loss of confidence in the currency and Iraqi dinars to employers pay to replace them quickly to the dollar to maintain its value."
He called on the coalition to "replace central bank officials perpetrators of the collapse of the exchange rate who were hired for reasons partisan known, despite their lack of experience needed to manage such an institution, and national personalities of the owners of expertise and efficiency and the ability to secure currency stability, and an end to the case of appointment by proxy and give confidence to those who It is worthy of it. "
The dollar exchange rate against the Iraqi dinar has witnessed during the past few days a sharp rise the market has not seen in years, reaching to 1440 dinars to the dollar.
[You must be registered and logged in to see this link.]
