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Central Bank: The government border control and track the money diverted to control the rising dollar
6/27/15
BAGHDAD - Iraq Press - June 27: called on the Central Bank of Iraq on Saturday, the government to control the border and keep track of the money that comes out of the country and the fight against economic crime, justified his call that "monetary policy will not be able to adjust the US dollar exchange rate against the Iraqi dinar."
He added that "monetary policy is trying to adjust the exchange rate of the dollar against the dinar, but it will not greatly affect the presence of other factors that have an impact on the exchange rate such as the situation of security, political stability and control of land, air and sea border crossing points," and urged "the government in cooperation with various parties in order to follow up corruption and track money that comes out of the country and the fight against economic crime "in an attempt interpreted by some experts as an attempt by the bank to throw the ball in the court of the government after accusations that his followers wrong policy in the buying and selling currencies had a role in rising exchange rates.
And he added that "monetary reserves at the Central Bank as possible to play a major positive role in the stability of the dollar exchange rate on condition of interference by other parties." Ended O.h
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6/27/15
BAGHDAD - Iraq Press - June 27: called on the Central Bank of Iraq on Saturday, the government to control the border and keep track of the money that comes out of the country and the fight against economic crime, justified his call that "monetary policy will not be able to adjust the US dollar exchange rate against the Iraqi dinar."
He added that "monetary policy is trying to adjust the exchange rate of the dollar against the dinar, but it will not greatly affect the presence of other factors that have an impact on the exchange rate such as the situation of security, political stability and control of land, air and sea border crossing points," and urged "the government in cooperation with various parties in order to follow up corruption and track money that comes out of the country and the fight against economic crime "in an attempt interpreted by some experts as an attempt by the bank to throw the ball in the court of the government after accusations that his followers wrong policy in the buying and selling currencies had a role in rising exchange rates.
And he added that "monetary reserves at the Central Bank as possible to play a major positive role in the stability of the dollar exchange rate on condition of interference by other parties." Ended O.h
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