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Attorney Hussein almerapi: Central Bank House collaborator on fiscal policy

Ali Salman-24/04/2012 m-11: 53 am | Hits: 35

Attorney Hussein almerapi: Central Bank House collaborator on fiscal policy
Baghdad Economic Affairs Editor baratha news

Attorney Hussein almerapi confirmed that the Central Bank normally responds to the recommendations of the Economic Commission of the Chamber of Deputies and Deputy member of the Economic Committee in the House of the rising value of the dollar once the bubble has no scientific basis because the Iraqi dinar self supported through oil sales that occur in hard currency.

The Iraqi Central Bank reserves more than 68 billion dollars in all banks and government deposits not exceeding 28 billion dollars, the result is that more than 120 percent of what exists in the market.

He almerapi if everything that exists in the market to buy the dollar, will not be affected by the position of the Central Bank, describing high dollar that cause information do not have scientific bases.

He stressed that the Parliamentary Commission of economy and investment recommendations were directed to the Bank almsczi according to stay away from remarks somewhat so that information affect currency and also non-announcement of the results of meetings of Central Bank decisions and information extensively, noting that the Central Bank normally responds to the recommendations of the Economic Commission of the Chamber of Deputies.


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