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Najafi during a meeting with central bank governor: Parliament rejects any kind of interference in the work of the Bank

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Shredd

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Najafi during a meeting with central bank governor: Parliament rejects any kind of interference in the work of the Bank


10.05.2012 | (Voice of Iraq)

Baghdad - where new House Speaker Osama al emphasis on the support of the House of Representatives the full independence of the Central Bank, as stipulated in the provisions of the Constitution and the law of the Central Bank, stressing at the same time, the Council rejected any kind of interference in the work of this institution.

A statement by the Office of Najafi received by the agency all of Iraq [where] a copy of it today that "Najafi received today the province of the Central Bank Shabibi said during the meeting," the need for continuous coordination between the Central Bank and the parliamentary committees relevant in order to find solutions to the problems that plagued Iraq in the areas of monetary policy and banking. "

he added "The two sides also discussed the exchange rates of currencies and how to stabilize the national currency in order to revive the economic situation of the country. witnessing the Iraqi market rise significantly once in a while in the exchange rate of the dollar against the Iraqi dinar, as it arrived in hair buy dollars in some of the past few days to 1300 dinars, while The price specified by the Central Bank to this day is 1166 dinars, an increase of 134 dinars per dollar, and this equates to about 11 percent of the price specified formally.

as announced General Secretariat of the Council of Ministers formed under the chairmanship of Deputy Prime Minister for Economic Affairs [Ruz Nuri Shawish] and the membership of the Deputy Prime Minister for Energy [Hussain al-Shahristani] and members of the Committee on Economic Affairs and the Secretary General of the Council of Ministers [on the Keywords] to study the fluctuation of the exchange rate of the Iraqi dinar recently, in addition to proposing appropriate solutions and to address and prevent harm to the national economy. "

The central bank may be attributed, and in the words of Deputy Governor Bank Mazhar Mohammad Saleh's [where] the high dollar exchange rate and increase the demand for it in Iraq to the global financial restrictions imposed on some neighboring countries, referring to Syria and Iran.

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