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Lgenhalnzahh: the current Central Bank policy led to an increase in the price of the dollar against the Iraqi dinar
Sunday, 03 March 2013 09: 33 Ambassador News Agency
{Baghdad Ambassador: News}
Parliamentary
integrity Committee Chairman Baha Al-araji, open a file inside the
House on the new management of the Central Bank after the strengthening
of the dollar against the Iraqi dinar.
He said in a press
statement Sunday that "the file opened by members of the House of
representatives and not by the Parliamentary Committee on integrity,
noting that there is a big difference in the exchange rate of the
currency, the Central Bank's current policy has led to the increase in
the price of the dollar against the Iraqi dinar, stating that the
integrity Commission is ready to take over the case if mandated".
Al-araji
said, "since the serious management of the Central Bank in October last
year found that the Iraqi dinar reached its lowest level of the dollar
had reached in the previous administration, this means that there are
u.s.-in the work of the World Bank."
He was MP for the Iraqi
coalition Haider Mulla said on 21 February that Iraq lost during the
past three months in the Central Bank auction [509] billion dinars.
Mullah
said at a press conference that "the Central Bank lost during the
period from October 17 until 31 January 509 billion dinars in the
Central Bank auction, since the President of the Office of financial
supervision Abdel Basset Turki chaired by the World Bank.
"These
amounts came from Central Bank of Iraq and went to Arabic and foreign
banks, stating that" most banks that acquired these amounts are the
Beirut banks & Byblos campus and the Mediterranean, Baghdad,
Al-Mansur and credit and Ceyhan and the Tigris and Euphrates and North. "
He
noted that "these banks buy Iraqi currency even without the auction as
they dictate the Central Bank buying of the dollar price of 1,166 Iraqi
dinar to the dollar on markets currently 1243 Iraqi dinar.
And saw that the "Central Bank continued uncertain because its policy is unsuccessful
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Sunday, 03 March 2013 09: 33 Ambassador News Agency
{Baghdad Ambassador: News}
Parliamentary
integrity Committee Chairman Baha Al-araji, open a file inside the
House on the new management of the Central Bank after the strengthening
of the dollar against the Iraqi dinar.
He said in a press
statement Sunday that "the file opened by members of the House of
representatives and not by the Parliamentary Committee on integrity,
noting that there is a big difference in the exchange rate of the
currency, the Central Bank's current policy has led to the increase in
the price of the dollar against the Iraqi dinar, stating that the
integrity Commission is ready to take over the case if mandated".
Al-araji
said, "since the serious management of the Central Bank in October last
year found that the Iraqi dinar reached its lowest level of the dollar
had reached in the previous administration, this means that there are
u.s.-in the work of the World Bank."
He was MP for the Iraqi
coalition Haider Mulla said on 21 February that Iraq lost during the
past three months in the Central Bank auction [509] billion dinars.
Mullah
said at a press conference that "the Central Bank lost during the
period from October 17 until 31 January 509 billion dinars in the
Central Bank auction, since the President of the Office of financial
supervision Abdel Basset Turki chaired by the World Bank.
"These
amounts came from Central Bank of Iraq and went to Arabic and foreign
banks, stating that" most banks that acquired these amounts are the
Beirut banks & Byblos campus and the Mediterranean, Baghdad,
Al-Mansur and credit and Ceyhan and the Tigris and Euphrates and North. "
He
noted that "these banks buy Iraqi currency even without the auction as
they dictate the Central Bank buying of the dollar price of 1,166 Iraqi
dinar to the dollar on markets currently 1243 Iraqi dinar.
And saw that the "Central Bank continued uncertain because its policy is unsuccessful
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