Interior constitute a crisis cell with the Central Bank to hunt down the perpetrators of the speculators exchange rate appreciation

Interior constitute a crisis cell with the Central Bank to hunt down the perpetrators of the speculators exchange rate appreciation


6/23/2015


Revealed general manager of the fight against organized crime in the Ministry of Interior, Major General Hussein al-Shammari, for the receipt of information confirming the existence of a number of currency speculators who are taking advantage of the current situation of the country Bmaholthm raise the exchange rate, announcing the formation of a crisis cell with the central bank; to prosecute speculators perpetrators of the high exchange rate.
He said al-Shammari said in a statement the agency {Euphrates News} received a copy of it today, that "there is coordination and cooperation with the Finance Committee in the House of Representatives through joint meetings with them," explaining that "the Commission relied on what was done by the Directorate of collecting information provided by by sources raised the turn to the central bank, and its impact on the crisis cell was formed with the central bank; to address this issue. "

"The Directorate has taken punitive action; to curb the phenomenon after the directives of the Minister of Interior," stressing that "the Directorate has formed detachments after receiving advance information about some banking companies, has been taking measures right after the publication of detachments competent in the stock market areas, specifically in the areas of Harthiya struggle and, after the collection of information on these people in order to take legal action against them. "

He said the "reason for the high exchange rate in the past few days was due to broadcast tendentious rumors by vandals of the economic situation of the country, which caused the rise in the exchange rate, and the reason the other was the result of instructions issued by the Central Bank that caused the rise in exchange rates, which led speculators and traders to raise the exchange rate motivator deduction of 8%, which added to the price of the dollar, which led to its high price, it has made some of those exploiting the situation by some speculators in order to compensate for these payments to the state, and they have to raise the exchange rate. "

Then he added that "the central bank has Law No. 56 of 2004, which is in charge of the sector which determines the punishment taken against these type."

He Shammari said "there are new decisions have been agreed upon lead to a significant drop in the exchange rate of those decisions within the lifting of restrictions on the sale of the dollar, and within our proposals be called selling the dollar to any citizen without controls." Ended h

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The Directorate has taken punitive action; to curb the phenomenon after the directives of the Minister of Interior," stressing that "the Directorate has formed detachments after receiving advance information about some banking companies, has been taking measures right after the publication of detachments competent in the stock market areas, specifically in the areas of Harthiya struggle and, after the collection of information on these people in order to take legal action against them. "

He said the "reason for the high exchange rate in the past few days was due to broadcast tendentious rumors by vandals of the economic situation of the country, which caused the rise in the exchange rate, and the reason the other was the result of instructions issued by the Central Bank that caused the rise in exchange rates, which led speculators and traders to raise the exchange rate motivator deduction of 8%, which added to the price of the dollar, which led to its high price, it has made some of those exploiting the situation by some speculators in order to compensate for these payments to the state, and they have to raise the exchange rate. "