The Central Bank has promised to take action to lift and stabilize the dinar as before but the dinar has fluctuated in the Iraqi market still in decline and rise. According to a press release of the Office of the speaker of the House, "Al-nujaifi during his research at the library of the Central Bank Governor said ways to reduce damage from previous Bank policy and referred to the judiciary," adding that "Iraq during the meeting expressed support for the House of representatives and current Central Bank to strengthen the cash balance and control of the exchange rate in the interest of the Iraqi citizen, Stressing the importance of developing the work of the World Bank procedures, particularly in the area of electronic connectivity with banks and other regulators such as customs and taxation ".", the statement said the meeting also discussed the actions of banking policies to remove the effects of the lifting of us protection from Iraqi funds in and out of the provisions of Chapter VII. "and invited the Chairman of the Chamber of deputies to convene with the debt CommissionT led by Nuri Shaways, Deputy Prime Minister for Economic Affairs and the Minister of oil, justice, finance and Foreign Affairs and the President of the Office of financial supervision, to examine and discuss mechanisms to address issues of indebtedness after the lifting of us protection from Iraqi funds. "the Iraqi Central Bank, has issued new instructions to stabilize the exchange rate of the Iraqi dinar against foreign currencies, select the weekly rationsBanks and money transfer companies and dollar currency trading companies valued in accordance with their respective capital, will increase and reduce the quota for their respective commitment to the delivery of the amounts customers. and the Central Bank to put the dollar at an auction for the sale of foreign currency at subsidized prices and the real exchange rate lower in the market to support the dinar. "the Central Bank is facing charges for its staff in conjunction with State officials in corruption and smuggling of currency operations, the Bank is subject to investigations against former Director Sinan Al-Shabibi, who He left Iraq a few months ago.
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