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Finance: We will hold a meeting to discuss the implications of rising dollar
6/18/15
The meeting will discuss ways to stop the deterioration of the low rate of the dinar.
BAGHDAD / Obelisk: parliamentary Finance Committee announced Tuesday it will hold a meeting on Sunday to discuss the repercussions of the rise in the dollar against the Iraqi dinar.
Said Finance Committee member Haitham al-Jubouri said in a statement, "decides that there will be a meeting next Sunday at our request and approval of the President and members of the Committee of Finance is dedicated to discuss the implications of a stronger dollar against the Iraqi dinar," explaining that "the meeting will be at the headquarters of the parliament and headed by Chairman of the Committee Ahmad Chalabi ".
He added, "The meeting will discuss ways to stop the deterioration of the low rate of the dinar," explaining that "the meeting will bring together the Central Bank and the Directorate of Organized Crime of the Interior Ministry and the Office of Financial Supervision and the Association of private banks."
A government source revealed on Tuesday to take "several" measures to reduce the price of the dollar against the Iraqi dinar, as he pointed to the existence of speculation by some led to the creation of a state of confusion in the market and raise the price of the dollar is "inadvertent."
He was a member of the Finance Committee in Parliament MP Masood Haider attributed, Tuesday, reason for the high dollar selling prices to a range reasons including manipulation "mafias banks" backed by "influential politicians" prices, while pointing out that the Iraqi Central Bank currently spend more than $ 100 million a day.
The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1,400 dinars to the dollar, compared to 1225 thousand dinars to the dollar in February and 1,200 dinars to the dollar by the end of last year.
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6/18/15
The meeting will discuss ways to stop the deterioration of the low rate of the dinar.
BAGHDAD / Obelisk: parliamentary Finance Committee announced Tuesday it will hold a meeting on Sunday to discuss the repercussions of the rise in the dollar against the Iraqi dinar.
Said Finance Committee member Haitham al-Jubouri said in a statement, "decides that there will be a meeting next Sunday at our request and approval of the President and members of the Committee of Finance is dedicated to discuss the implications of a stronger dollar against the Iraqi dinar," explaining that "the meeting will be at the headquarters of the parliament and headed by Chairman of the Committee Ahmad Chalabi ".
He added, "The meeting will discuss ways to stop the deterioration of the low rate of the dinar," explaining that "the meeting will bring together the Central Bank and the Directorate of Organized Crime of the Interior Ministry and the Office of Financial Supervision and the Association of private banks."
A government source revealed on Tuesday to take "several" measures to reduce the price of the dollar against the Iraqi dinar, as he pointed to the existence of speculation by some led to the creation of a state of confusion in the market and raise the price of the dollar is "inadvertent."
He was a member of the Finance Committee in Parliament MP Masood Haider attributed, Tuesday, reason for the high dollar selling prices to a range reasons including manipulation "mafias banks" backed by "influential politicians" prices, while pointing out that the Iraqi Central Bank currently spend more than $ 100 million a day.
The dollar price in the domestic market in front of the Iraqi dinar gradually to reach more than 1,400 dinars to the dollar, compared to 1225 thousand dinars to the dollar in February and 1,200 dinars to the dollar by the end of last year.
[You must be registered and logged in to see this link.]
