Cabinet discusses the low price of the dinar
BAGHDAD / Obelisk: discusses the Cabinet in its meeting held on Tuesday, the reasons for decline of the dinar against the dollar at the forefront of trading this week.
A source familiar with the Council of Ministers that "the central bank was wary of the consequences of entering the parliamentary finance committee in the dinar exchange rate under the pretext of controlling the exchange rate and quantity," adding that "Parliament intervention in this matter is the thing suspicious somewhat, especially since the tasks Parliament recede legislation, oversight and not draw a certain fiscal policy. "
"The Council of Ministers did not put in his agenda a discussion topic cause of the falling dinar, but the central bank to intercept some of the materials and the terms of the federal budget bill for fiscal year 2015 paid to think to discuss the subject at today's meeting."
The dinar exchange rate against the Iraqi dollar fell the past two days.
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BAGHDAD / Obelisk: discusses the Cabinet in its meeting held on Tuesday, the reasons for decline of the dinar against the dollar at the forefront of trading this week.
A source familiar with the Council of Ministers that "the central bank was wary of the consequences of entering the parliamentary finance committee in the dinar exchange rate under the pretext of controlling the exchange rate and quantity," adding that "Parliament intervention in this matter is the thing suspicious somewhat, especially since the tasks Parliament recede legislation, oversight and not draw a certain fiscal policy. "
"The Council of Ministers did not put in his agenda a discussion topic cause of the falling dinar, but the central bank to intercept some of the materials and the terms of the federal budget bill for fiscal year 2015 paid to think to discuss the subject at today's meeting."
The dinar exchange rate against the Iraqi dollar fell the past two days.
[You must be registered and logged in to see this link.]