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Economic: Reducing the exchange rate of the dollar in the governor of the Central Bank exclusively

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https://almaalomah.me/2021/11/04/562278/

Economic: Reducing the exchange rate of the dollar in the governor of the Central Bank exclusively


economic
Last Updated 2021/11/04 | 11:27 am
Information / Baghdad ..


Economic expert Nabil Jabbar al-Ali, Thursday, said that the decision to change and determine the exchange rate of foreign currency with the central bank governor exclusively, noting that the bank is responsible for monetary policy.

"The return rate of the dollar to the reports of the Governor of the Central Bank is exclusively, nor entered any governmental or supervision," Al Ali said.

He added, the central bank is capable of making a decision to change the price without restrictions or conditions as an independent and responsible for monetary policy in Iraq."

He pointed out that "the government and the House of Representatives can not force the central bank to change the exchange rate of foreign currency."

Economic expert Younis Kaabi said earlier, that the central bank could gradually reduce the dollar.
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