Central Bank to take urgent action to preserve the stability of the dinar exchange rate

Wednesday, April 10 / April 2013 08:59



Twilight News / revealed the Finance Committee in the House of Representatives, Wednesday, the start of the Iraqi Central Bank to take urgent action to preserve the stability of the exchange rate of the Iraqi dinar against the dollar by increasing the outlets sold for hard currency.

A member of the Finance Committee Secretary Hadi for "Twilight News", "The exchange rate of the dinar against the dollar began gradually returning to normal after the central bank to take measures represented an increase of Iraqi ports sold for hard currency."

Hadi said that "expanding outlets for hard currency in Baghdad and the provinces and non-monopoly on a limited number of banks and banking companies will lead to stability in the exchange rate of the Iraqi dinar compared with the dollar."

And witnessed the exchange rate of the dinar against the U.S. dollar declined during the past few days as dollar rose against the dinar 1125 after it had been stable for 1120.

And threatened to parliamentary fact-finding committee CBI sales, in the first of Monday, resorting to international parties specialized in combating money laundering to track the money, which had been in the Development Fund for Iraq since 2003 until 2012 if not granted the CBI the full information.

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