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Parliamentary claims stopped selling foreign currency to private banks and the Government
6/19/2015
The parliamentary Finance held an emergency meeting Sunday to discuss the rise of the dollar against religion Member of the parliamentary Finance Committee revealed Hussam retributive for an emergency meeting of the Committee on Sunday to address the crisis of the high exchange rate of the dollar against the Iraqi dinar.
Kumar said in a statement that "the parliamentary Finance Committee will hold an emergency meeting on Sunday to fill the sudden rise of the dollar against the Iraqi dinar." he noted that "rising dollar l.d subject to supply and growing demand, the Central Bank Governor as tax mark, adding that some traders are working to increase the exchange rate in order to obtain material gain at the expense of the need for the Government and people of Iraq." he said "punitive treatment of this crisis lies in The formation of a crisis cell works to reduce exchange rate, as well as to increase supply by the Central Bank, raising the roof in this exceptional circumstance and follow companies that buy this currency against bills and receipts. Meanwhile, a student member of the House of representatives national coalition mp Kazem Al-shammari, on Wednesday, the Central Bank stopped selling foreign currency to private banks and convert them into State banks, warning of the existence of the mafia working on pulling dollar bills from the Central Bank to import counterfeit goods were the cause of the burning market and the falling exchange rate of the local currency and said Al-shammari said in a press statement, "during our visit to Iraqi llkmark were struck by the presence of corruption and rigging you get during the transfers of funds from private banks and the World Bank Central to dealers under the heading purchase of goods ".He added that "the mechanism going about the need to go the dealer interested in importing goods to private banks to buy foreign currency and banks invoice goods that are supposed to be purchased, where the National Bank in turn collects a number of invoices and send them to the Central Bank to receive the amounts of those invoices". "in this context meant the Central Bank approached the customs authority of the importing of goods whether or not add to knowledge of the tax was met by importing those goods to be proceeds to the Central Bank but What the Central Bank does not approach the Customs and this creates serious sections of Daddy pulling hard currency and traded in the markets. "
The "certain curious numbers billing which import 60 million refrigerated air cooled, this means for every Iraqi citizen to add to import bills of the rebar used in construction, which has actually entered a cloud of iron sky cover Iraq from North to South, not to mention that there are some traders every day sends a purchase invoice to withdraw hard currency without follow-up from the Central Bank and we are convinced that all these bills are fake". "Al-shammari Serious mafia burned market and Central Bank stopped selling the currency to private banks for the rescue of domestic market of ignition and sold to Government banks and swift action from the integrity Commission and the Office of financial supervision to follow up such cases were a cause of the deterioration of the local currency. Local markets are experiencing a rise in the us dollar exchange rates before the Iraqi dinar to 1,400 dinars to the dollar, meaning that $ 100 worth of 140,000 dinars. the official exchange rate of the Central Bank of Iraq dinars per dollar 1,166 which he rose from official price 234 DT and an increase of 20 percent, a government source said that "the Government has taken measures to reduce the high rate of the dollar to identify Central Bank cash sales and doubling his drafts with open ports on State banks to sell the dollar for delegates and humanitarian cases", adding that "there are speculations By some leading to create confusion in the market helped lift the dollar against the Iraqi dinar and deliberately. "Specialists attributed the increase, economists to the dollar in local markets lack the dollar supply in the auction sale of the daily currency of the Central Bank of Iraq, which amounts to public budget law for the year 2015 b $ 75 million just after the open, the increased demand for foreign currency to meet banks and business obligations and the market need for liquidity
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6/19/2015
The parliamentary Finance held an emergency meeting Sunday to discuss the rise of the dollar against religion Member of the parliamentary Finance Committee revealed Hussam retributive for an emergency meeting of the Committee on Sunday to address the crisis of the high exchange rate of the dollar against the Iraqi dinar.
Kumar said in a statement that "the parliamentary Finance Committee will hold an emergency meeting on Sunday to fill the sudden rise of the dollar against the Iraqi dinar." he noted that "rising dollar l.d subject to supply and growing demand, the Central Bank Governor as tax mark, adding that some traders are working to increase the exchange rate in order to obtain material gain at the expense of the need for the Government and people of Iraq." he said "punitive treatment of this crisis lies in The formation of a crisis cell works to reduce exchange rate, as well as to increase supply by the Central Bank, raising the roof in this exceptional circumstance and follow companies that buy this currency against bills and receipts. Meanwhile, a student member of the House of representatives national coalition mp Kazem Al-shammari, on Wednesday, the Central Bank stopped selling foreign currency to private banks and convert them into State banks, warning of the existence of the mafia working on pulling dollar bills from the Central Bank to import counterfeit goods were the cause of the burning market and the falling exchange rate of the local currency and said Al-shammari said in a press statement, "during our visit to Iraqi llkmark were struck by the presence of corruption and rigging you get during the transfers of funds from private banks and the World Bank Central to dealers under the heading purchase of goods ".He added that "the mechanism going about the need to go the dealer interested in importing goods to private banks to buy foreign currency and banks invoice goods that are supposed to be purchased, where the National Bank in turn collects a number of invoices and send them to the Central Bank to receive the amounts of those invoices". "in this context meant the Central Bank approached the customs authority of the importing of goods whether or not add to knowledge of the tax was met by importing those goods to be proceeds to the Central Bank but What the Central Bank does not approach the Customs and this creates serious sections of Daddy pulling hard currency and traded in the markets. "
The "certain curious numbers billing which import 60 million refrigerated air cooled, this means for every Iraqi citizen to add to import bills of the rebar used in construction, which has actually entered a cloud of iron sky cover Iraq from North to South, not to mention that there are some traders every day sends a purchase invoice to withdraw hard currency without follow-up from the Central Bank and we are convinced that all these bills are fake". "Al-shammari Serious mafia burned market and Central Bank stopped selling the currency to private banks for the rescue of domestic market of ignition and sold to Government banks and swift action from the integrity Commission and the Office of financial supervision to follow up such cases were a cause of the deterioration of the local currency. Local markets are experiencing a rise in the us dollar exchange rates before the Iraqi dinar to 1,400 dinars to the dollar, meaning that $ 100 worth of 140,000 dinars. the official exchange rate of the Central Bank of Iraq dinars per dollar 1,166 which he rose from official price 234 DT and an increase of 20 percent, a government source said that "the Government has taken measures to reduce the high rate of the dollar to identify Central Bank cash sales and doubling his drafts with open ports on State banks to sell the dollar for delegates and humanitarian cases", adding that "there are speculations By some leading to create confusion in the market helped lift the dollar against the Iraqi dinar and deliberately. "Specialists attributed the increase, economists to the dollar in local markets lack the dollar supply in the auction sale of the daily currency of the Central Bank of Iraq, which amounts to public budget law for the year 2015 b $ 75 million just after the open, the increased demand for foreign currency to meet banks and business obligations and the market need for liquidity
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