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Thread: 04-05-2015

  1. #1
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    Thumbs up 04-05-2015

    The Iraqi Parliamentary Finance Committee again confirmed that the Central Bank of Iraq has guaranteed that the Iraqi dinar will be stable very soon against the U.S dollar,and there is a possibility that the Iraqi dinar exchange rate would stabilize at the last week of April 2015.

    A member of the Iraqi Finance Committee Majida Al Tamimi said that the current actions taken by the Iraqi Central Bank were not the exact reasons behind the sudden rise in the U.S dollar exchange rate.


    She said that speculators were involved in this unusual rise in the U.S dollar against the Iraqi dinar. She also indicated that the Iraqi Central Bank should take some major steps with carefully to control the Iraqi local market, banking companies and the banks who deal in the U.S dollar exchange trade.

    She also confirmed that the Iraqi Central Bank assured the Iraqi Finance Committee that people would see the stability in the Iraqi dinar against the U.S dollar exchange rate at the end of April, and it would return at its normal price.

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    05/04/2015

    Parliamentary Finance Committee proposes to cancel the auction currency Central Bank

    Parliamentary Finance Committee proposed, Sunday, cancel an auction of foreign currency at the central bank, confirmed that it will lead to lower prices in front of the Iraqi dinar.

    The committee member said Masood Haider told / information / "The Finance Committee submitted a proposal to cancel the auction at the Central Bank, in order to reduce the foreign currency rate against the Iraqi dinar.

    He said Haider, that "the proposal stressed the need to replace the auction process hard currency distribution on civil and government banks in a fair way by the competition, because the auction may impact on the Iraqi economy and led to Nzifa," adding that "it will lead to lower foreign currency exchange rate either Iraqi dinar.

    The past few weeks have seen a remarkable increase the price of foreign currencies against the Iraqi dinar, despite the central bank to sell those currencies is reduced.

  3. #3
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    Parliamentary Finance looking for Iraqi funds “hidden” from 2003 to 2014 BAGHDAD / .. confirmed the parliamentary finance committee member Majda al-Tamimi, Sunday, that the committee looking for Iraqi funds “hidden” from 2003 to 2014 “. She said Tamimi’s “Eye Iraq News,” We are looking Iraqi funds disappearing since the entry of the US occupation until the end of 2014, indicating that “Aktralaawam experienced by Iraq corrupt are 2003, 2004 and 2014″. She added that “the press reports that there are 11 billion dollars disappeared from the” PDF “any number is incorrect, but more than that figure, saying that” there are also processes corruption when money goes from the Development Fund for Iraq to budgets. ” Demonstrated financial member that “the Iraqi state has no Mahfouz archives universe minister when complete its work after four years takes all the Archive with him,” she said, adding “there are files and bonds can not get to it being in the minister’s office.” She Tamimi “There are also documents and bonds issued by the same ministry but each document speak in numbers and different from other Srvyatea.” He had confirmed a report by the International Center for Development Studies and position the British capital London, that Iraq has lost more than $ 165 billion from the Development Fund for Iraq in just six years.

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