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Thread: Accuses with from Central Bank delegation & financial control over Central Bank's work

  1. #1
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    Default Accuses with from Central Bank delegation & financial control over Central Bank's work

    Accuses with a delegation from the Central Bank and financial control over the Central Bank's work

    Baghdad/justice-02/08/2012-2: 56 am | Hits: 1

    Search first Deputy Chairman of the Chamber of Deputies with a delegation of Qusay Suhail, the Central Bank and financial supervision Central Bank action in the past period and the exchange rate of the dinar against the dollar.

    According to a statement by the Prosecutor's Office first received (Justice) "Suhail held a meeting with the Deputy Central Bank Governor Mohammad Saleh appearance and a representative of the Office of financial supervision and the Chairmen of the financial and economic Ahmed Haidar Abadi Al-alwani and during the meeting studied the work of the Central Bank during the past period and the exchange rate of the dinar against the dollar and real causes that contributed to the decline of the dinar against the dollar,"

    adding that "the delegation of the Central Bank of the World Bank presented a review of the past period, particularly with regard to the Central Bank auction."

    Suhail noted that the low exchange rate of the Iraqi dinar against the dollar adversely affecting the lives of Iraqi citizens and his living as such things will lead to higher prices for materials needed by citizen.

    the "first Vice-President stressed that the principle of transparency in Central Bank auctions and develop a strategy to ensure funds are pumped out of the dollar to purchase goods needed by citizens and not for other things.
    "we aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar" - Dr. Shabibi

    I just did my job...You either get them out alive or you die trying. If you don’t die trying, you didn’t try hard enough." - Marine Sergeant Dakota Meyer, Medal of Honor recipient

  2. #2
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    Looks like they are not happy with the fact te auction rates are so low.

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