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Parliamentary investment: Governor of the Central Bank is not a cause deterioration of the local currency
June 21, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - described member of the Committee of Economy and Investment parliamentary Najiba Najib Bank Iraqi Center as "good", be excluded that the governor of the bank on the Keywords cause of the deterioration of the local currency.
She said Najib's (IMN) "The security and economic conditions and the deterioration of the price of a barrel of oil on world markets has forced the central bank to take a series of austerity measures caused disorder dinar exchange rate against the dollar in the local markets."
She said "management on the Keywords as governor of the Central Bank is not a reason depreciation of the dinar against the US dollar," indicating that "the Bank urgent action to the steadfastness of the Iraqi dinar exchange rate against the dollar, including the supplement market in hard currency and reduce the length of foreign deposits from 10 to 5 days adopted, as well as Authority for the customs and tax administration and tax fulfillment of their secretariats. "
And it accused the political and economic management of several parties to the central bank governor to "poor management" for taking action led to the rise in the dollar's exchange rate against the Iraqi dinar.
The local markets saw a few days before rising US dollar exchange rates against the Iraqi dinar, as the dollar value of 1400 Iraqi dinars.
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June 21, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - described member of the Committee of Economy and Investment parliamentary Najiba Najib Bank Iraqi Center as "good", be excluded that the governor of the bank on the Keywords cause of the deterioration of the local currency.
She said Najib's (IMN) "The security and economic conditions and the deterioration of the price of a barrel of oil on world markets has forced the central bank to take a series of austerity measures caused disorder dinar exchange rate against the dollar in the local markets."
She said "management on the Keywords as governor of the Central Bank is not a reason depreciation of the dinar against the US dollar," indicating that "the Bank urgent action to the steadfastness of the Iraqi dinar exchange rate against the dollar, including the supplement market in hard currency and reduce the length of foreign deposits from 10 to 5 days adopted, as well as Authority for the customs and tax administration and tax fulfillment of their secretariats. "
And it accused the political and economic management of several parties to the central bank governor to "poor management" for taking action led to the rise in the dollar's exchange rate against the Iraqi dinar.
The local markets saw a few days before rising US dollar exchange rates against the Iraqi dinar, as the dollar value of 1400 Iraqi dinars.
[You must be registered and logged in to see this link.]
