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Deputy for Kurdistan: the wrong monetary policy will inflict great damage to the Iraqi economy
History: 06/16/2015 12:15
Baghdad - INA / download Kurdistan Alliance MP Majid HnÚ¯ala, on Tuesday, the Central Bank of Iraq responsible for the significant deterioration in the dinar exchange rate against the dollar as responsible for monetary policy in the country and the organization fee for selling the currency auctions in the country.
He criticized Chenkali in a press statement: "The Iraqi news agency" has received a copy of it,. "Regulations issued by the central bank and government to domestic banks and determine the dollar deposits and remittances of citizens in Iraqi currency price"
"The amounts deposited to the citizens lose between the official exchange rate and the price the rolling of $ 200 dinars per dollar intervention in the banking account as profits usurper and illegitimate," warning of the "loss of confidence in the government for its inability to maintain the rights of citizens and enshrines new to a pattern of financial corruption and administrative".
And it called on the government "to intervene to cancel the erroneous actions and policies that beset by uncertainty and chaos which will inflict serious damage to the Iraqi economy and citizens."
"Governor of the Central Bank also called for the organization of Auction currency according to adopt mechanisms of transparency and integrity to curb the surge of the dollar exchange rate."
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History: 06/16/2015 12:15
Baghdad - INA / download Kurdistan Alliance MP Majid HnÚ¯ala, on Tuesday, the Central Bank of Iraq responsible for the significant deterioration in the dinar exchange rate against the dollar as responsible for monetary policy in the country and the organization fee for selling the currency auctions in the country.
He criticized Chenkali in a press statement: "The Iraqi news agency" has received a copy of it,. "Regulations issued by the central bank and government to domestic banks and determine the dollar deposits and remittances of citizens in Iraqi currency price"
"The amounts deposited to the citizens lose between the official exchange rate and the price the rolling of $ 200 dinars per dollar intervention in the banking account as profits usurper and illegitimate," warning of the "loss of confidence in the government for its inability to maintain the rights of citizens and enshrines new to a pattern of financial corruption and administrative".
And it called on the government "to intervene to cancel the erroneous actions and policies that beset by uncertainty and chaos which will inflict serious damage to the Iraqi economy and citizens."
"Governor of the Central Bank also called for the organization of Auction currency according to adopt mechanisms of transparency and integrity to curb the surge of the dollar exchange rate."
[You must be registered and logged in to see this link.]
